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FINANCIAL NEWS
Qatar’s GWC net profit grows by 15 percent to USD 12.75mn
21 Apr 2016
(MENAFN) GWC, Qatar’s leading logistics producer, proclaimed net profit of USD 12.75mn for Q1 of 2016 showing increase of 15 percent compared to USD 11.08mn of 2015.
Moreover, the firm’s income increased, with whole revenues peaking at USD 60.36mn at the end of the quarter, a 14 percent grow from USD 52.76mn in 2015.
On the other hand, the company’s assets continued to enhance, with total assets touching USD 0.84bn by the end of March 2016, compared with USD 0.81bn of 2015.
The firm aims to move in line with the direction taken by the nation, which will continue to increase organically among the recently given environment.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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