Thursday, 19 October 2017 06:16 GMT
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Woqod net profit up 5.75 percent in 2013

(MENAFN) Qatar Fuel's (Woqod) posted a net profit of USD329.2 million last year, increasing 5.75 percent from 2012, The Peninsula Qatar reported



The company's assets increased 20.45 percent to USD2.66 billion, while its total equity hit USD1.7 billion, registering a 15.47 percent growth



Five petrol stations were commissioned during the year, and another four stations are expected to launch during the second half of this year



Woqod's Technical Inspection Centre has been completed and tested and is to be officially commissioned once the IT and other technical issues are finalized
Woqod net profit up 5.75 percent in 2013