Search QatarPRNetwork.com

Home >> Banking & Investments

QR 114.8 million, GWC H1 2022 Net Profit

QR 114.8 million, GWC H1 2022 Net Profit

Tuesday, July 26, 2022/ Editor -  

Share

Home >> Banking & Investments

Doha – Qatar: Gulf Warehousing Company QPSC (GWC), Qatar’s leading logistics and supply chain solutions provider, reported Net Profits of QR 114.8 million, during the six-month period ending on 30 June 2022. The company also achieved Total Revenues of QR 719 million for the same period, while Earnings Per Share stood at 0.20 Qatari Riyal for the 6 months period ending on 30 June 2022.

“2022 has started on a solid footing and with the much-awaited FIFA World Cup Qatar 2022TM approaching, GWC is geared up to offer unparalleled logistics services and redefine global industry benchmarks”, stated Sheikh Abdulla Bin Fahad Bin Jassem Bin Jabor Al-Thani, Chairman, GWC.

Adding to this, Ranjeev Menon, Group CEO, GWC, remarked that client satisfaction and loyalty will always remain their top priority, and GWC will continue to strive to offer the best, most innovative and cost-effective services to its customers. “GWC takes pride in setting industry standards, not only in Qatar, but also in the regional logistics arena. We not only believe in giving our best to our clients but also in giving back to the community and playing a role in the nation’s socio-economic development.”

To showcase the hard work and planning that goes in providing logistics services spanning various sectors including cold chain, oil and gas, pharmaceuticals, fine art, and mega events such as the FIFA World CupTM, GWC has partnered with CNN International Commercial on a multi-platform campaign across Europe, Middle East, and Africa (EMEA, titled “Life, Delivered”.

The Company was also awarded by the Ministry of Labour, for its continuous focus on safeguarding the health and safety of its employees, at the Occupational Safety and Health Conference held earlier in May.

In June 2022, GWC signed an agreement with Ponticelli Frères Group, for handling the freight forwarding, customs brokerage and transport for Ponticelli in Qatar for a period of three years.


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Hamad International Airport Recognised as the “World's Best Airport” at the 2024 ...

Msheireb Properties Unveils Prestigious Msheireb Award for Innovation in Design ...

Khabib's Official Training Gloves Will Be Sold at Tooba Charity Auction in Dubai

Four Seasons Resort and Residences at The Pearl-Qatar Collaborates with Renowned ...

GWC Introduces Vision Picking Technology in Qatar

Qatar Airways announces following airport and airspace reopening

Mansour bin Mohammed congratulates Hamdan bin Mohammed on the Qatar-UAE Super Sh ...

DHL Express Qatar Named Logistics Partner for the Autonomous e-Mobility (AEMOB) ...

Watches & Wonders 2024 Unico: Hublot's Manufacture Calibre

Dukhan Bank announces the April draw winners of its Thara'a savings account priz ...

Bremont introduces a new generation of its Supermarine diving watch series

Ooredoo Group Highlights Impactful Ramadan Initiatives Across Operations

Luxuriate and Rejuvenate this Eid Al Fitr at Mondrian Doha

GWC Spreads the Spirit of Ramadan through Community Initiatives

Hamad International Airport Further Expands into Southeast Asia with Garuda Indo ...

Elevate Eid Celebrations with Coya's Culinary Extravaganza

Qatar celebrates Eid Al Fitr with an array of festivities, concerts, and Disney ...

Make your Vishukkani last forever Tanishq Launches Exclusive Vishu Collection

Calling all super fans! The PJ Masks are coming to town this Eid! Join them at ...

WCM-Q students publish comprehensive research into microbiome-based diabetes the ...