July 13, 2024

GWC Announces First Quarter Financial Results 2022

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GWC (Q.P.S.C.), one of the region’s fastest growing companies, announced its financial results for the first quarter of 2022. During the three-month period ending 31 March 2022, the company posted Net Profits of QAR 58 million, reporting a growth of 6%. The company Gross Revenues registered QAR 351 million, Earnings Per Share of QAR 0.10, and Total Assets of QAR 4,294 million for the same period ending 31 March 2022.

Sheikh Abdullah Bin Fahad Bin Jassim Bin Jabor Al Thani, Chairman, GWC.

“Driven by a strong recovery and a rise in exports, Qatar’s economic prospects look great despite global challenges, and GWC is committed to being a part of this growth trajectory. We will continue to expand and diversify our offerings with the aim of further strengthening Qatar’s position as a global and regional logistics hub and helping the nation achieve the National Vision 2030,” Sheikh Abdullah Bin Fahad Bin Jassim Bin Jabor Al Thani, Chairman, GWC stated.

“GWC is constantly striving for excellence and identifying innovative ways to make logistics faster, simpler and more cost-effective. With the FIFA World Cup Qatar 2022TM just a few months away, we are getting ready to deliver a never-seen-before experience which will redefine mega sports logistics and set new benchmarks,” remarked Mr. Ranjeev Menon, Group CEO, GWC.

GWC has recently launched a new multiplatform campaign across Europe, Middle East and Africa (EMEA) to highlight their global logistics. The campaign, titled ‘Life, Delivered’, showcases GWC’s role in providing intricate planning and robust infrastructure for logistics spanning various sectors including cold chain, oil and gas, pharmaceuticals, fine art and mega events such as the FIFA World CupTM. 

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