{"id":118101,"date":"2024-04-23T00:00:00","date_gmt":"2024-04-23T00:00:00","guid":{"rendered":"http:\/\/jordannewsgazette.com\/?guid=068c5bd39cd06e0def7bd1b3b7a6936c"},"modified":"2024-04-23T00:00:00","modified_gmt":"2024-04-23T00:00:00","slug":"qewc-records-net-profits-of-qr-318-million-in-2024-q1","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/qewc-records-net-profits-of-qr-318-million-in-2024-q1\/","title":{"rendered":"QEWC Records Net Profits of QR 318 Million in 2024 Q1"},"content":{"rendered":"<p>\nDoha: Qatar Electricity and Water Company (QEWC) recorded a net profits of QR 318 million in the first quarter of 2024, compared to QR 401 million for the same period in 2023, a 21 percent decrease.<\/p>\n<p>The company stated that the earnings per share for the first quarter of 2024 amounted to QR 0.29, compared to QR 0.36 for the same quarter of 2023.<\/p>\n<p>The company&#8217;s revenues for the first quarter reached QR 687 million, compared to QR 658 million for the same period in 2023, representing a 4 percent increase.<\/p>\n<p>QEWC enjoys excellent financial status according to Moody&#8217;s, with a strong credit rating of &#8216;A1&#8217; and a stable outlook.<\/p>\n<p>QEWC was established in 1990 with a capital of QR 1 billion and is listed on the Qatar Stock Exchange.<\/p>\n<p>Source: Qatar News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Doha: Qatar Electricity and Water Company (QEWC) recorded a net profits of QR 318 million in the first quarter of 2024, compared to QR 401 million for the same period in 2023, a 21 percent decrease.<\/p>\n<p>The company stated that the earnings per share for &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>QEWC Records Net Profits of QR 318 Million in 2024 Q1 - Jordan News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jordannewsgazette.com\/qewc-records-net-profits-of-qr-318-million-in-2024-q1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QEWC Records Net Profits of QR 318 Million in 2024 Q1 - Jordan News Gazette\" \/>\n<meta property=\"og:description\" content=\"Doha: Qatar Electricity and Water Company (QEWC) recorded a net profits of QR 318 million in the first quarter of 2024, compared to QR 401 million for the same period in 2023, a 21 percent decrease. 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