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26/10/2017 06:15 AST
The Qatar Electricity and Water Company (QEWC) has reported a net profit of over QR1.31bn (net of non-controlling interests) for the first nine months of this year ended September 30 , up 6 percent compared to about QR1.23bn for the corresponding period last year.
The Earning per Share (EPS) amounted to QR11.92 in 2017 compared to QR11.21 for the same period in 2016. The Board of Directors of QEWC held its fourth meeting for the year 2017 yesterday, chaired by Khalid bin Said Ali Al Rumaihi, Vice-Chairman of the QEWC. The Board discussed the positive financial results for the nine months ended September 30, 2017 and the financial position as at that date, which was reviewed by the external auditors of the company M/S Ernst & Young.
The company's sales during the period reached at about QR2.36bn, witnessing a growth of 2 percent compared to over QR2.32bn for the same period last year. The Board expressed satisfaction with company's financial performance.
The Board discussed developments in the company's various projects which are under construction and under review. The major projects discussed are Umm Al Houl Power Project, Lusail Tower Project, Solar Power Project (Siraj Energy) and various international Projects which are handled directly by Nebras Power Co.
The Peninsula
07/03/2025
Qatar General Electricity & Water Corporation (Kahramaa) and Qatar Electricity and Water Company (QEWC) have signed a power purchase agreement for peak electricity generation units in Ras Abu Fontas
Trade Arabia
02/02/2017
The Qatar Electricity and Water Company (QEWC) reported a net profit of QR1.54bn for the year ended December 2016 compared to QR1.50bn posted a year ago.
The year 2016 witnessed an increase
The Peninsula
18/01/2017
Abu Dhabi's renewable energy company Masdar has signed a cooperation agreement with Qatar Electricity & Water Company (QEWC) and Nebras Power at Abu Dhabi Sustainability Week to develop renewable and
Gulf Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.50 | 0.18 (1.74 |
| ADNOCLS | 5.79 | -0.02 (-0.35 |
| IQCD | 12.65 | -0.06 (-0.48 |
| ADPORTS | 3.88 | -0.01 (-0.26 |
| NMDC | 22.24 | -0.06 (-0.27 |
22/09/2025
Gulf Bank announced its sponsorship and participation in the orientation event for new students organized by the American University of Kuwait, as part of its ongoing commitment to engage with new st
Kuwait Times
22/09/2025
Ooredoo Group has sold a minority 6% stake in Meeza- QSTP, Doha's leading managed information technology services and solutions provider, to certain funds managed by Fiera Capital (UK) at the current
Gulf Times
22/09/2025
Al Mahhar Holding Company, a public shareholding company providing specialised services and products to the energy and infrastructure sectors, has been included in the FTSE Russell Global Equity Inde
Gulf Times
22/09/2025
AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the commencement of one of the most significant port modernisation and expansion proje
Trade Arabia
22/09/2025
Qatar Industrial Manufacturing Company (QIMC) has signed an agreement to purchase a 7% stake held by Qatar Oman Investment Company in Qatar Aluminum Extrusion Company (QALEX), bringing its total stak
Gulf Times
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