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

Simply Wall St

June 05, 2024

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).

earnings-and-revenue-history — DSM:QFLS Earnings and Revenue History June 5th 2024

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 3.3% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Oil and Gas industry in Asia.

Performance of the market in Qatar.

The company's shares are up 3.0% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Qatar Fuel Company Q.P.S.C. (WOQOD) (including 1 which is potentially serious).

Valuation is complex, but we're here to simplify it.

Discover if Qatar Fuel Company Q.P.S.C. (WOQOD) might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.