The Qatar Electricity and Water Company (Qatar General Joint stock company) announced that it had achieved a net profit of 662 million riyals during the first six months of this year and ended on the thirtieth of last June, compared to 680 million riyals for the same period of the year 2024.
The company confirmed, in a statement today, that the profitability of the stock amounted to 0.60 riyals at the end of last June, compared to the profitability of 0.62 riyals for the same period last year.
The statement indicated that the company’s revenues amounted to 1,445 million riyals, compared to 1,431 million riyals for the same period in the year 2024, while operating profits amounted to 504 million riyals, compared to 616 million riyals during the same period last year.
The statement added that the company’s board of directors agreed to the proposal to distribute phased cash profits for the first half of this year at a rate of 0.244 riyals per share, equivalent to 24.4 percent of the nominal value of the share, as these interim distributions of the shareholder who owns shares at the end of the trading session on the eleventh of August are due, and the total amount of distribution of the interim profits for the first half of this year is 268.4 million riyals.