Qatar QEWC Net Profit reached QR662m in the first half of the year, according to the company’s Board of Directors. The meeting, chaired by H E Saad Bin Sherida Al-Kaabi, reviewed and approved the financial results. The board also discussed strategies to maintain growth in the coming months.
The company reported revenue of QR1,445m for the period, up slightly from QR1,431m last year. This increase reflects steady business performance and strong operational management. Moreover, the ability to sustain revenue growth strengthens the outlook for QEWC earnings in Qatar in future reporting periods.
Operating profit stood at QR504m, down from QR616m a year earlier. The decline highlights certain market pressures. However, the company still managed to post solid returns, showing effective cost control and operational efficiency. These measures supported a healthy Qatar QEWC Net Profit despite challenges.
The net profit attributable to equity holders was QR662m compared to QR680m in the same period last year. Earnings per share reached QAR 0.60, slightly lower than QAR 0.62 previously. Even so, shareholders received strong returns, backed by stable market demand and reliable operations.
The board approved an interim dividend of QAR 0.244 per share, equal to 24.4 percent of the share’s nominal value. This payout reflects confidence in the company’s financial health. The dividend decision also reinforces the role of Qatar QEWC Net Profit in delivering consistent value to shareholders.
Eligible shareholders as of the close of trading on 11th August will receive the interim dividends. The total payout for the first half amounts to QR268.4m. This step demonstrates the company’s ability to generate cash flow while maintaining growth plans.
QEWC continues to focus on operational efficiency in both local and regional markets. It applies disciplined management practices to ensure long-term profitability. These efforts, combined with infrastructure investments, aim to strengthen Qatar QEWC Net Profit performance in upcoming periods.
In conclusion, Qatar QEWC Net Profit of QR662m underscores the company’s resilience and commitment to shareholders. With strong revenues, strategic cost management, and steady dividends, QEWC remains a leading player in Qatar’s energy and water sector.
