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عربي

Qatar Fuel Company

   (QFLS.DSM)
Also known as: Woqod
Last Trade
264.60QAR
- 0.34%
 
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Updated: Mar 31, 2011
 
 
 
Country

Qatar

Ownership Type
Publicly Listed
Company Type
Joint Stock
 
 
 
 
Principal Activities
Distribution of lubricants, greases, natural gas and refined petroleum products including gasoline, aviation fuels, bitumen and liquefied petroleum gas; provides oil shipping services; ownership and operation of gasoline stations, convenience stores and car wash centers; offers automotive services including oil change and lubrication, inspection, repair and maintenance services.
 
Date of Establishment Year
2002 (February)
 
No of Employees
N/A (3,000 Company, N/A Group, 880 Headquarters) (As of Mar 10, 2011)
 
Important/Recent Developments
In June 2009: Qatar Technical Inspection Company [QTIC] merged with Qatar Fuel Company. Qatar Fuel Company established Woqod for Vehicles Inspection [FAHES] to take over the activities of QTIC.
 
Brands
Shaffaf Sidra Woqod
 
Principals and Agencies
Castrol
 
No of Ships
6 bunker fuel ships
 
Factories and Plants
Qatar (3)    
 
Stations
10 gas stations across Qatar    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Qatar SE  QFLS QFLS.DSM Ordinary QAR
 
 
Contact Details
Address:
Qatar Industrial Development Bank Building
3rd and 4th Floor
Grand Hamad Street
Industrial Development Area
P.O. Box 7777
Doha 
Qatar
 
Tel:
+974 4430-8888
 
Fax:
+974 4443-5222
 
Email:
info@woqod.com.qa
 
Website:
www.woqod.com.qa

 
 
 Privatization Details
Subscription
Period:
11Mar02 to 15Apr02
Size of Offering:
$24.72M
Equity Offering:
80.20%
Lead
Managers:
Qatar National Bank
 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
02 Jun 2009
 
Closing Date
02 Jun 2009
 
 
 Major Shareholders  Section Updated: 07Sep11
Name   Type  Country  Holding 
Qatar Petroleum  Government Qatar 40.00% 
Public   - 60.00% 
 
 
 Foreign Ownership Limits
 
Owned Permitted
25%
GCC Nationals
 
25%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Woqod International Company Qatar 100.00%
Woqod Kingdom Company Saudi Arabia 100.00%
Woqod Marine Services Company Qatar 100.00%
Woqod Vehicles Inspection Qatar 100.00%
Qatar Jet Fuel Company Qatar 60.00%
Investments
Name  Country  Holding 
Qatar Gas Transport Company Qatar 2.00%
 
 
 Representatives
Auditors
KPMG Qatar  
Banks
The Commercial Bank of Qatar Qatar National Bank
Law Firms
Ibrahim Makke Law Firm  
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  QAR'000 QAR'000 change (%)
Total revenues  6,176,494 7,662,814 24.06
Net profit  869,963 1,074,160 23.47
Total assets 4,869,352 6,153,632 26.37
Paid-up capital 315,000 346,500 10.00
Shareholders' Equity 3,196,081 4,018,943 25.75
Shares outstanding 31,500 34,650 10.00
Market capitalization 4,999,050 7,986,825 59.77
Note: Current shares outstanding is 41,580,000
» View Full Financials
 
 
 
 
 
 

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