Gulf Warehousing Company Reports 12.4% Rise in 9-Month Profit

Doha, October 20 (QNA) - Qatar's Gulf Warehousing Company (GWC) reported a 12.43% increase in net profit for the first nine months of 2026, reaching QR94.56m ($26m), compared with QR84.1m in the same period last year.

Financial results published on the Qatar Stock Exchange website on Tuesday showed earnings per share rose to QR0.161 for the period ending Sep. 30, 2026, up from QR0.140 a year earlier.

GWC chairman Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al-Thani said the group's performance in the third quarter reflected the resilience of its logistics operations.

He added that profit growth demonstrated the success of the company's strategy to diversify its logistics businesses and generate tangible returns for shareholders.

GWC is a publicly listed Qatari company operating in the logistics sector. (QNA)