By Islam Salem
Doha-Mubasher: Qatar Fuel's (Woqod) general meeting held on Sunday approved the board's recommendation on paying 82% cash dividends (QAR 8.2 a share) and 8% bonus share distribution (8-for-100).
Shareholders also endorsed balance sheet and profit/loss statement for 2015.
Meanwhile, the extraordinary general meeting was postponed until 6 Aril.
The company posted earnings of QAR 1253.12 million for 2015, compared with QAR 1132.83 million a year earlier, a rise of 10.6%.
On the sidelines of the general meeting, Chairman Saoud Al-Thani said the company's 2015 figures were positive amid falling oil prices. He attributed such positive financials to the operation of 11 new stations in 2015.
Translated by Abdul Maguid Aboshahla
