»WOQOD Latest News
[ 31/12/2009 ]
WOQOD opens a Service Station in Doha Industrial Area
Qatar Fuel (WOQOD) today opened another new service station, this time in the Doha Industrial Area. The new service station was inaugurated by WOQOD’s Vice Chairman and Managing Director Mohammed Turki Al Sobia. Also attending were Members of the Board of Directors of WOQOD, and valued guests, WOQOD employees and suppliers.

“This in one of the largest service stations we have built,” said Al Sobai. “We have recognized the huge demand for diesel for the light and heavy trucks in the Doha Industrial Area and built our facilities to cater for this. The service station has dedicated separate roads for these vehicles together with high speed diesel dispensers so we can fuel these trucks quickly.”

[ 19/11/2009 ]
WOQOD Opens another service station in Al Rayan
Qatar Fuel (WOQOD) today opened another new service station, this time in Al Rayan

The new service station was inaugurated by WOQOD’s Vice Chairman and Managing Director Mohammed Turki Al Sobia. Also attending were Members of the Board of Directors of WOQOD, and valued guests, WOQOD employees and suppliers.

The service station features a new brushless automatic car wash machine using technology from the American company PDQ. Commenting on this Mr. Mohammed Turki Al Sobai stated ‘We have experienced a huge demand for car washing in our existing service stations. This new brushless car wash is the very latest technology in car washing. The system relies on high pressure water to remover dust and dirt from vehicles. As there are no brushes there is no risk of scratching vehicles.”

[ 16/11/2009 ]
WOQOD Opens another Service Station in Dukhan
Qatar Fuel (WOQOD) today opened a new service station in Dukhan.

The new service station was inaugurated by WOQOD’s Vice Chairman and Managing Director Mohammed Turki Al Sobia. Also attending are Members of the Board of Directors of WOQOD, and valued guests, WOQOD employees and suppliers.

The petrol station has been uniquely designed to meet the needs of different customers in Dukhan. This includes provision for stand-alone high speed diesel dispensers to cater to the industry supporting Dukhan’s oil field operations. With the large number of trucks in the area, the service station includes truck washing facilities, a first for WOQOD.

»WOQOD Latest News
 

Financial Results of Qatar Fuel (WOQOD) in the first half of fiscal year 2009

WOQOD's Net profit soars to QR 407 million with an increase of QR 56 million, or 16% as compared to the same period of 2008.



August 06, 2009
Doha, August 06, 2009: Mr. Mohamed Turki Al-Subai Vice Chairman and Managing Director of Qatar Fuel (WOQOD) announced that WOQOD has achieved excellent progress during this period, despite current global and international crises the company secured a net profit of QR 407 million in the first half of the fiscal year 2009 with an increase of QR 56 million, or 16% as compared to the same period of 2008. Earning per share (EPS) amounted to QR 12.95 per share, as compared to QR 11.71 for the same period of 2008.

Total assets increased to QR 4.2 billion compared to QR 3.5 billion for the same period of 2008 with an increase percentage of 20%, while shareholders equity increased to QR 2.5 billion, compared to QR 1.6 billion for the same period of 2008 with an increase percentage of 56%.

The Vice – Chairman and Managing Director emphasized WOQOD Commitment of continuous achievement and progress and full compliance with transparency and disclosure principles.


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