GWC achieves nine-month net profit of QR165mn
October 26 2021 11:07 PM
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GWC facility at Ras Bufontas.
GWC facility at Ras Bufontas.

Qatar’s leading logistics and supply chain solutions provider GWC has achieved a net profit of QR165mn during the nine-month period that ended on September 30.
During the same period, the company generated QR948mn in revenues.
Earnings per share (EPS) amounted to QR0.28 at the end of September 30.
Sheikh Abdulla bin Fahad bin Jassem bin Jabor al-Thani, GWC chairman stated, “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.
Ranjeev Menon, GWC Group CEO, remarked, “GWC is dedicated to supplying the market with quality centred and lean solutions that drives the customers’ operational efficiency. We are pleased with our roadmap for the coming months, especially with the much-awaited FIFA World Cup Qatar 2022.”
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.
Established in 2004, GWC has become the leader in logistics and supply chain solutions in Qatar and one of the fastest growing companies in the region. The company offers best in class logistics and supply chain services that include warehousing, distribution, logistics solutions for hazardous materials, freight forwarding, project logistics, sporting events and equestrian logistics solutions, fine art logistics, supply chain consulting services, transportation, records management, and local and international relocation services.
GWC provides these services, utilising a global freight network of more than 600 offices and a solid logistics infrastructure spanning over 3.8mn square metres.
GWC is the first regional supporter and official logistics provider for the FIFA World Cup Qatar 2022.
 
 



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