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FINANCIAL NEWS
Qatari WOQOD registers USD310.55m net profit in 2014
24 Feb 2015
(MENAFN) Qatari WOQOD’s logged a net profit of USD310.55 million in 2014, Qatar News Agency reported.
Net profit, excluding minority interest, hit USD310.55 million in 2014 against USD307.81 million in 2013, marking 1 percent increase.
Total assets reached USD2.89 billion, marking 10.56 percent increase from latest figures, total shareholder’s equity recorded 8 percent increase, hitting USD1.85 billion for the same period.
WOQOD is currently involved in implementation of more than 39 projects under construction, tendering, and 16 projects in design and approval stages, according to its chief executive.
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