The net profits of Qatar Fuel / Fuel / (Qatar Public Protecting Company) increased by 7 percent during the year 2024, to reach 1.052 billion riyals, compared to 983.957 million riyals in 2023.
Figures issued by the company showed today, a rise in the return on the arrow to reach 1.06 Qatari riyals in the period ending last December 31, compared to a profit for the share of 0.99 Qatari riyals for the same period of the previous year.
It stated / fuel / that, given the net profits of the achieved company during the year 2024, the board of directors and the annual public association of the company recommended that the total profits be distributed to the shareholders at the value of one Qatari riyals per share for last year (100 percent of the nominal value of the share), yet Amending the interim profits of 0.40 Qatari riyals per share paid during the year 2024, where the remaining part of 0.60 Qatari riyals per share will be distributed to shareholders through a deposit company based on the approval of the annual ordinary general assembly.
Mr. Saad Rashid Al -Muhannadi, CEO and Managing Director of the Company /Fuel /, pointed out in statements, to the established foundations and solid rules on which the company is based, noting that its march aimed at taking appropriate initiatives for development and modernization within the framework of the state’s general policy, and securing the permanent supply of fuel according to the best. The global standards in force in the fields of health, security, safety and environmental considerations, as well as their current study of appropriate opportunities for external investment according to their approved policies.