Saturday 27 November 2021

GWC reports $45m net profit for first 9 months

DOHA, October 27, 2021

GWC, a leading logistics and supply chain solutions provider in Qatar, has achieved a net profit of QR165 million ($45 million) during the nine-month period ending on September 30, while the revenues reached QR948 million.

Earning per share amounted to QR0.28 at the end of 30 September 2021.

“GWC continues to provide the public and private sectors with flexible, innovative and reliable logistics solution. The company is committed to achieving its plans while helping create a sustainable and diverse economy that will ensure the best returns for our investors,” stated Sheikh Abdulla Bin Fahad Bin Jassem Bin Jabor Al-Thani, Chairman, GWC.

“GWC is dedicated to supplying the market with quality centered and lean solutions that drives the customers operational efficiency. We’re pleased with our roadmap for the coming months, especially with the much-awaited FIFA World Cup Qatar 2022TM,” remarked Ranjeev Menon, Group CEO, GWC.

GWC will be providing a suite of pre, during and post-event logistics services, deploying its expertise and infrastructure to deliver the logistics mandate for the world’s biggest sporting event; the Fifa World Cup Qatar 2022. – TradeArabia News Service


More Industry, Logistics & Shipping Stories

calendarCalendar of Events