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Oula reopens fuel filling station in Qasr

Oula reopens fuel filling station in Qasr
Oula reopens fuel filling station in Qasr
OULAFUEL
OULAFUEL`R
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Kuwait – Mubasher: Oula Fuel Marketing Company on Wednesday announced the reopening of a fuel filling station in Qasr, Jahra in Kuwait, on 4 June, after restoration and development, according to a bourse filing.

The financial impact of the re-operation is to increase sales in the coming period, the statement showed.

Total income from fuel sales increased 8.3% to reach KWD 117.2 million in 2016, the CEO of Oula Fuel stated.

The company had previously reported a 26.1% rise in net profits to reach KWD 1.45 million in the first quarter of 2017, compared to KWD 1.15 million in the same period in 2016.