Qatar Fuel Company Q.P.S.C. (WOQOD) First Quarter 2024 Earnings: EPS: ر.ق0.24 (vs ر.ق0.22 in 1Q 2023)

Qatar Fuel Company Q.P.S.C. (WOQOD) (DSM:QFLS) First Quarter 2024 Results

Key Financial Results

• Revenue: ر.ق6.83b (up 3.2% from 1Q 2023).
• Net income: ر.ق243.5m (up 9.1% from 1Q 2023).
• Profit margin: 3.6% (up from 3.4% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: ر.ق0.24 (up from ر.ق0.22 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Qatar Fuel Company Q.P.S.C. (WOQOD) Earnings Insights

Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Asia.

Performance of the market in Qatar.

The company's shares are down 1.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Qatar Fuel Company Q.P.S.C. (WOQOD) has 2 warning signs we think you should be aware of.

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