Doha – Mubasher: Qatar Fuel (Woqod) posted a 30.1% year-on-year decrease in its profits during the third quarter of 2016, according to a bourse statement.
Net profits reached QAR 264.64 million ($72.62 million) in Q3-16, compared to QAR 378.36 million ($103.82 million) in Q3-15.
In the first nine months of 2016, profits fell to QAR 849,840 from QAR 960,370 in the prior-year period.
Earnings per share (EPS) reached QAR 8.52 in the nine-month period of 2016, compared to QAR 9.70 in the corresponding period of 2015.
