{"id":72363,"date":"2023-07-27T00:00:00","date_gmt":"2023-07-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/27\/qatari-logistics-firm-gwcs-net-income-flat-in-1h-2023\/"},"modified":"2023-07-27T00:00:00","modified_gmt":"2023-07-27T00:00:00","slug":"qatari-logistics-firm-gwcs-net-income-flat-in-1h-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/27\/qatari-logistics-firm-gwcs-net-income-flat-in-1h-2023\/","title":{"rendered":"Qatari logistics firm GWC\u2019s net income flat in 1H 2023"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Qatari logistics giant <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.gwclogistics.com\/\" style=\"\">Gulf Warehousing Company\u2019s<\/a><\/span><span style=\"font-weight:700\">(GWC) bottomline recorded a <\/span><span style=\"font-weight:700\">0.2%<\/span><span style=\"font-weight:700\"> y-o-y increase to QAR 115 mn in 1H 2023<\/span><span style=\"\">,<\/span><span style=\"\">according to the company\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gwclogistics.com\/news\/gwc-declares-9-growth-in-1st-half-23-revenues-despite-headwinds\/\" style=\"\">earnings release<\/a><\/span><span style=\"font-weight:400;\">. GWC\u2019s revenues rose 9% y-o-y to QAR 786 mn during the same period. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The increases came off the back of continued diversification in income sources<\/span><span> and developing human capital, <\/span><span>Chairman Abdulla Al Thani said in the earnings release. The results were attained in spite of challenging global economic and financial conditions due to slower trade and increased lending and borrowing profit rates. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qatari logistics giant Gulf Warehousing Company\u2019s(GWC) bottomline recorded a 0.2% y-o-y increase to QAR 115 mn in 1H 2023,according to the company\u2019s earnings release. GWC\u2019s revenues rose 9% y-o-y to QAR 786 mn during the same period. The increases came off the back of continued diversification in income sources and developing human capital, Chairman Abdulla [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[175],"tags":[174,17,153,240],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-72363","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-earnings-watch","tag-enterprise-logistics","tag-qatar","tag-storage-warehousing-2","wpautop","entry"],"acf":{"mongo_id":"002a198b-4d41-445f-a8fd-07666dd9ef07","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/1067.jpg,https:\/\/www.linkedin.com\/company\/gwclogistics\/posts\/?feedView=all","photo_position":"above","homepage_title":"","full_issue_title":"Qatari logistics firm GWC\u2019s net income flat in 1H 2023","related_issue":[72353],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.68ab19b8-2030-40a9-9d7f-17d2a3242798.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Qatari logistics firm GWC\u2019s net income flat in 1H 2023 - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/27\/qatari-logistics-firm-gwcs-net-income-flat-in-1h-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatari logistics firm GWC\u2019s net income flat in 1H 2023\" \/>\n<meta property=\"og:description\" content=\"Qatari logistics giant Gulf Warehousing Company\u2019s(GWC) bottomline recorded a 0.2% y-o-y increase to QAR 115 mn in 1H 2023,according to the company\u2019s earnings release. 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