Qatar's Woqod net profit hits USD234.87m in 9M


(MENAFN) Woqod posted a net profit of USD234.87 million in January-September period, up 2.8 percent compared to the same period last year, Gulf Times reported.

The company's chief executive officer said that the board also examined the company's current and future projects and other related issues and gave directives.

However, the capital base grew through issuing 30 percent bonus shares in 2013, earning per share (EPS) estimated at USD2.78 in September compared with USD2.70 for 2013.

Total assets reached USD2.93 billion, total shareholder's equity recorded a gross increase of 5.3 percent to reach USD1.81 billion.


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