Doha, October 26 (QNA) – Qatar Electricity & Water Co. discloses the interim financial statement for the nine-month period ending Sep. 30, 2022. The financial statements revealed a Net Profit of QR 1,249,972,000 in comparison to Net Profit QR 1,175,945,000 for the same period of the previous year.
The earnings per share amounted to QR 1.14 as of Sep. 30, 2022 versus earnings per share QR 1.07 for the same period in 2021. Qatar Electricity and Water Company was established in 1990, with the purpose of owning and managing power and water desalination plants and selling their products. It is one of the first private sector companies in the region working in the field of electricity production and water desalination. It is listed on the Qatar Stock Exchange.
The company’s capital upon establishment amounted to one billion riyals, and it is listed on the Qatar Stock Exchange. (QNA)
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