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FINANCIAL NEWS
Qatar’s GWC revenues jump to 11pct
08 Jan 2017
(MENAFN) GWC, Qatar’s pioneering provider of logistics and supply chain solutions achieved an increase of 11 percent in net profits with QR205.7mn, compared with QR185.2mn posted a year ago.
Meanwhile, the firm has maintained its increase by growing its operational efficiency, boosting its profit margins and seeking new revenue streams.
Additionally, the firm’s assets continued to develop, with whole assets reaching QR3.741bn by the end of Dec 2016, compared with QR2.981bn at the end of Dec 2015.
Furthermore, it also saw development in its various recent facilities, with the completion of the Phase V expansion in the Logistics Village Qatar (LVQ).
M
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