Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎or “WOQOD Group” or “the Group”, with the code name “QFLS” on Qatar Stock Exchange, a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products and gas within State of Qatar including airports and seaports, announced that its Board of Directors chaired by Mr. Ahmed Saif Al-Sulaiti approved the financial results and key performance and operational indicators of WOQOD Group for the nine-months period ended on 30th September 2025 compared to the financial and operational results for the same period of 2024. The Board also approved the Group Capital and Operational Budget for the year 2026.

WOQOD Group’s consolidated net profit (attributable to the shareholders of WOQOD) for the period ended 30th September 2025 amounted to QR. 751.6 million, compared to an amount of QR. 771.3 million achieved for the same period of 2024, showing decrease of QR. 19.7 million, representing an decrease rate of 2.6%. The earnings per share for the period amounted to QR. 0.76 compared to QR. 0.78 for the same period last year. The slight decrease in net profit and earnings per share was mainly attributable to lower income from non-fuel business and other income driven by prevailing market conditions.

As for the petrol stations projects, Mr. Saad Rashid Al-Muhannadi, Managing Director and CEO, pointed out that the company during the same period signed construction contracts for three stations located in the Al Wukair, Muaither-Al Wulair, and Al-Sakhama areas. Furthermore, two stations are currently in the design phase, while some other stations are in the land allocation process, stressing that WOQOD's plan in stations construction is a dynamic plan whereupon the stations are built on as and when required basis i.e.as per the current and future requirements to build/avail a petrol station. He further explained that the company has completed installation of 25 Electrical Vehicle Chargers EVC in 19 petrol stations in cooperation with KAHRAMAA. Al-Muhannadi also explained that the company has embarked on initiatives ‏ to increase the income from non-petroleum products segments.

In conclusion, Al-Muhannadi indicated that WOQOD Group will continue deploying all efforts in enhancing the benefits of its shareholders and all stakeholders, by taking appropriate initiatives to achieve the highest rates of efficiency and effectiveness in all areas of its scope of business, and will continue its efforts in developing the petroleum products distribution sector, and securing the permanent supply of the petroleum products and gas in accordance with the best applicable international standards in the fields of health, security, safety and environmental considerations, in addition to supporting the sector by introducing an electric charging system for cars and supplying compressed natural gas. ‏ ‏