Qatar-based Gulf Warehousing Company (GWC) is implementing an action plan to improve its performance and solidify its position as the leading provider of logistics and supply chain solutions in Qatar. GWC aims at increasing shareholder value and providing a comprehensive range of high-quality logistics solutions and services, while continuing to achieve further milestones, Shaikh Mohammed Bin Hamad Bin Jassim Bin Jaber Al Thani, Chairman, GWC, said. The company has announced its financial results for the first half (H1) of 2024. It reported total revenues of QR748.3 million and a net profit of QR100.4 million, while earnings per share stood at QR0.171 for the same period. “In terms of international operations, GWC is expanding its presence in regional and global markets through global network and subsidiaries. This strategy positions us to seize new opportunities, strengthen our market position, and diversify revenue streams by offering specialised and integrated supply chain and logistics services to clients in various industries. The GWC is seeking new arenas to enter as part of its business diversification strategies, allowing for new, well-studied business opportunities to be a part of its revenue streams,” Sheikh Abdulla Bin Fahad Bin Jassim bin Jaber Al-Thani, GWC Managing Director, said.
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