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GWC expands regional footprint, posts hike in 2024 net profit

Writer's picture: Team CargoTalkTeam CargoTalk


Gulf Warehousing Company (GWC)is expanding its regional presence through key partnerships and new facilities, Sheikh Abdulla bin Fahad bin Jassim bin Jaber Al Thani, GWC Managing Director, said. The firm closed 2024 with robust financial results, reporting a net profit of QAR 172 million on revenues of QAR 1.582 billion and operating profits of QAR 306 million. “Its strategy is centered on driving operational efficiency, delivering world-class logistics services, expanding customer base, and strengthening GWC’s position as a trusted partner. It focuses on enhancing operational agility, increasing the firm’s presence in regional markets, and forging strategic partnerships. It aims to expand into new sectors to diversify revenue streams, maintain stable cash flow, and mitigate potential risks,” he added.

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