Qatar’s leading logistics provider GWC posted a first-quarter net profit of QR58mn, up 6% on the same period last year.
The company’s gross revenues registered QR351mn, while earnings per share stood at QR0.10 in the first quarter.
GWC's total assets stood at QR4,294mn in the period that ended on March 31 this year.
“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,” stated GWC chairman Sheikh Abdullah bin Fahad bin Jassim bin Jabor al-Thani.
In recognition of its efforts, in the first quarter of 2022, GWC was awarded the ‘Best Customs Brokerage Company in Qatar’ by the General Authority of Customs, which reaffirmed its steadfast dedication to its clients as well as the Government.
GWC also became the first company to get accredited as an ‘Authorised Economic Operator’ (AEO) from the General Authority of Customs and will now be able to offer its diversified services with quicker turnarounds and higher compliance with world-class safety and security standards.
“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 2022 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 GWC Group CEO Ranjeev Menon.
GWC recently launched a new multiplatform campaign across Europe, Middle East and Africa (EMEA) to highlight its global logistics.
The campaign, titled ‘Life, Delivered’, showcases GWC’s unique 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 Cup.
GWC's total assets stood at QR4,294mn in the period that ended on March 31 this year.
“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,” stated GWC chairman Sheikh Abdullah bin Fahad bin Jassim bin Jabor al-Thani.
In recognition of its efforts, in the first quarter of 2022, GWC was awarded the ‘Best Customs Brokerage Company in Qatar’ by the General Authority of Customs, which reaffirmed its steadfast dedication to its clients as well as the Government.
GWC also became the first company to get accredited as an ‘Authorised Economic Operator’ (AEO) from the General Authority of Customs and will now be able to offer its diversified services with quicker turnarounds and higher compliance with world-class safety and security standards.
“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 2022 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 GWC Group CEO Ranjeev Menon.
GWC recently launched a new multiplatform campaign across Europe, Middle East and Africa (EMEA) to highlight its global logistics.
The campaign, titled ‘Life, Delivered’, showcases GWC’s unique 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 Cup.
