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Business / Qatar Business

GWC posts QR165m net profit for nine months

Published: 27 Oct 2021 - 09:59 am | Last Updated: 27 Oct 2021 - 05:30 pm
GWC Chairman Sheikh Abdulla bin Fahad bin Jassem bin Jabor Al Thani (left), and GWC Group CEO Ranjeev Menon

GWC Chairman Sheikh Abdulla bin Fahad bin Jassem bin Jabor Al Thani (left), and GWC Group CEO Ranjeev Menon

The Peninsula

Doha: GWC, Qatar’s leading logistics and supply chain solutions provider, has achieved a net profit of QR165m during the nine-month period ending on September 30, 2021. During the same period, the company generated QR948m in revenues. Earning Per Share amounted to QR0.28 at the end of September 30, 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 2022,” 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.