GWC reports 8% growth in Q1 net profit

GWC (Q.P.S.C.) announced yesterday posted QR54m net profit for the first quarter (Q1) ended March 31, 2021, reporting a growth of 8 percent compared with the Q1, 2020 results of QR50m.

The company gross revenues registered QR299m, earnings per share of QR0.09, and total assets of QR4bn for the same period ending March 31, 2021. “Qatar’s long-term objectives and plans haven’t changed in the face of the pandemic; as the leading logistics provider in the State of Qatar, GWC has succeeded in supplying the public and private sectors with lean, reliable and Class-A logistics and supply chain solutions that have kept the country running.