Qatar Fuel Company Q.P.S.C. (QFLS) Q3 2025 earnings summary

Executive summary

• WOQOD operates as the exclusive distributor of petroleum products in Qatar, with a network of 127 petrol stations and 13 vehicle inspection centers as of September 2025.

• The company’s core activities include fuel distribution, jet fuel, LPG, natural gas, bitumen, vehicle inspection, and retail services.

• Net profit for the nine months ended 30 September 2025 was QR 783.9 million, down from QR 803.4 million year-over-year.

• Total comprehensive income rose to QR 818.8 million from QR 728.9 million year-over-year.

Financial highlights

• Total revenue for Y2D September 2025 was QAR 19.2 billion, down 10% year-over-year, mainly due to lower prices.

• Net income for Y2D September 2025 was QAR 752 million, a 2.6% decrease compared to the same period last year.

• Net income for Q3 2025 was QAR 291 million, up 1% year-over-year and up 27% sequentially from Q2 2025.

• Gross profit increased to QR 614.8 million from QR 595.1 million year-over-year.

• Basic and diluted EPS was QR 0.76, compared to QR 0.78 in the prior year.

Capital allocation and financing

• Interim and final dividends totaling QR 994.3 million were paid during the period.

• Net cash generated from operating activities was QR 970.9 million, up slightly from QR 959.5 million year-over-year.

• Net cash from investing activities was QR 225.0 million, compared to a net outflow of QR 368.1 million in the prior year.

• Net cash used in financing activities was QR 1.1 billion, down from QR 1.4 billion year-over-year.

• Cash and bank balances at period end were QR 2.7 billion, up from QR 2.6 billion at the start of the year.