{
  "id": 14506998,
  "title": "Woqod nine-month net profit jumps 13% to QR852mn",
  "url": "https://urgent.news/2026/10/13/woqod-nine-month-net-profit-jumps-13-to-qr852mn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T21:00:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/735801/business/woqod-nine-month-net-profit-jumps-13-to-qr852mn"
  },
  "original_language": "en",
  "account": "Qatar Fuel Company's (Woqod) net profit in the first nine months of 2026 surged 13% to QR852mn, a notable improvement from QR752mn reported in the comparable period of 2025. Earnings per share for the period rose to QR0.86, up from QR0.76 in the same period last year. Group chairman Ahmed Saif al-Sulaiti attributed this profit increase to rising fuel prices, particularly during the third quarter of 2026, while sales volume declined by 14% due to geopolitical factors, with aviation fuel being the main driver. During the reporting period, Woqod opened three new fuel stations, with construction plans underway for four more to be completed by the end of 2026. Managing director and CEO Saad Rashid al-Muhannadi stated that Woqod will continue building additional stations based on demand and will focus on enhancing asset sustainability, reliability, and safety moving forward.",
  "summary": "Qatar Fuel Company’s (Woqod) net profit in the first nine months of 2026 increased by 13% to QR852mn from QR752mn in the same period last year.Earnings per share for the period amounted to QR0.86, com...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}