GWC Reports Nine-Month Net Profit of QR147mn

Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing businesses in the MENA region, announced its financial results for the third quarter of 2024, reporting total revenues of QR1.191bn. The company posted operating profits of QR253mn, and a net profit of QR147mn during the nine-month period ending on September 30, 2024. The company’s earnings per share registered QR0.25 during the same period ending on September 30, 2024.

Shaikh Mohammad Bin Hamad Bin Jassim Bin Jaber Al Thani, GWC chairman, said: “The strong performance over the past nine months is a testament to our robust operational capabilities and business agility. We remain committed to our ongoing diversification strategy, while capitalizing on new investment opportunities to effectively mitigate risks and ensure steady growth.”