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INDUSTRIAL NEWS

GWC net profit up 10pc in Q3

Oct 23, 2018 4:58 PM

GWC Qatar s leading logistics provider achieved a net profit of QR173.91 million ( 47.77 million) for the third quarter of this year a 10 per cent growth compared to QR157.26 million for the same period...

GWC, Qatar’s leading logistics provider, achieved a net profit of QR173.91 million ($47.77 million) for the third quarter of this year, a 10 per cent growth compared to QR157.26 million for the same period in 2017. 
 
Gross revenue was QR920.83 million at the end of the third quarter of 2018. Earning per share increased to QR2.97 at the end of the third quarter of 2018, a 10 per cent rise from QR2.68 during the same period in 2017.
 
“The company continues to register growth year after year due to its ability to adapt and provide for the nation’s needs, which are particularly great as the nation concludes the first year of the Second National Development Strategy, and as projects propel forward in the years leading up to the Fifa World Cup 2022,” stated GWC chairman Sheikh Abdulla bin Fahad bin Jassem bin Jabor Al Thani. -TradeArabia News Service
 

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