QEWC registers net profit of QR1.54bn
February 02 2017 12:53 AM
Kahramaa has introduced a new slab system for the pricing of electricity and water.
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Qatar Electricity and Water Company (QEWC) has posted a net profit of QR1.54bn in 2016 compared to QR1.5bn in the year before. The company has seen a 4% increase in its sales to QR3.1bn last year compared to QR2.99bn in 2015. Earnings per share (EPS) amounted to QR14.02 in 2016 compared to QR13.64 in 2015. The results were announced last night after a meeting of QEWC Board of Directors chaired by company chairman HE Dr Mohamed bin Saleh al-Sada, also the Minister of Energy & Industry.




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