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January 2020

GWC Logistics receives ISO 28000:2007 Certification for Supply Chain Security Management for the first time in Qatar

January 2020

GWC Posts 9% growth in 2019 net profit to QAR 249.1 Million

Board recommends 20% cash dividend

GWC, Qatar’s leading logistics provider, concluded 2019 with a 9% surge in net profit to QAR 249.1 million, as compared with QAR 227.6 million in the end of 2018. The Company’s Board has recommended 20% cash dividend to shareholders which is subject for discussion and approval during the company’s Annual General Meeting to be held on February 3, 2020.

Gross revenues of the company reached QAR 1.2 billion at the end of 2019, while EPS increased to QAR 0.43 at the end of 2019, in comparison with QAR 0.39 at the end of 2018.

“Our support for Qatar has formed the building blocks of our operational excellence. We are pursuing all opportunities locally and internationally that ensure we are the provider of choice for innovative logistics and supply chain solutions to enable the business community to focus on their core operations and achieve their objectives,” Stated GWC Chairman Sheikh Abdulla bin Fahad bin Jassem bin Jabor Al-Thani.

The company’s comprehensive solutions have set a benchmark for logistics excellence in the market, which in turn has led to new contracts and opportunities. One such opportunity was the agreement with FIFA making GWC the first Official National Supporter of the FIFA Club World Cup Qatar 2019™. GWC was entrusted to carry out the complex logistics requirements for the tournament as the official logistics provider.

The company’s continued excellence in developing logistics infrastructure, such as the Logistics Village Qatar, the GWC Bu Sulba Warehousing Park, and the oil and gas client-specific logistics bases in Ras Laffan Industrial City also led to a new award by Manateq to GWC for a “Develop-Build-Finance-Operate-Transfer” contract for the establishment of the 1.48 million square meter Al Wukair Logistics Park.

GWC has earned the trust of the market by delivering the best in logistics and supply chain solutions in accordance with the highest Quality, Health, Safety, Security, and Environment standards. The company has celebrated several safety milestones during 2019 in Ras Laffan Industrial City, with 1000 days at the RMOP base and 730 days at the WSSA facility passing with no loss-time-injury, all while maintaining the exacting safety standards required by the oil and gas industry.

“Our strong track record of customer approval has created an impressive rate of client retention while attracting new customers from all market segments, as we work together to achieve the nation’s strategies, create a sustainable and diverse economy – an environment that will ensure the best returns for our investors,” stated Ranjeev Menon, Group CEO of GWC.

November 2019

730 Days LTI Free at GWC Ras Laffan Industrial City West Side Service Area Facility

Ras Laffan – Qatar: GWC (Q.P.S.C.), the leading logistics provider in the State of Qatar, held a ceremony on 21 Nov. 2019 to celebrate achieving 730 days without Lost Time Injury (LTI) at the company’s Ras Laffan Industrial City (RLIC) West Side Service Area (WSSA) facility, reflecting the team work and operational excellence under the highest safety standards of those working at the facility. The ceremony was attended by senior members of GWC management as well as a guest speaker from one of the facilities biggest clients speaking to 250 of the company’s employees. The event also highlighted the company’s continuing campaign summarized by the safety slogan: “One Team, One Goal, Zero Incident – I’m Committed”.

“The safety of our people, our facilities, and our clients’ goods is paramount in everything we do,” stated GWC Senior Director of Commercial Services Mr. Naji Nassar. “This achievement in Ras Laffan is a reflection of this commitment to hold ourselves to the highest levels of occupational health and safety.”

The RLIC WSSA facility is one of GWC’s specialized hubs that offer logistics and supply chain solutions for the oil and gas sector including warehousing, distribution, pipe yards and inspection facilities. The company offers these services in accordance with the highest Quality, Health, Safety, Security, and Environment (QHSSE) standards, which provide the framework for all the company’s service offerings and operations. The company is committed to continuous improvement across all aspects of their services, priding themselves on achieving the ISO certifications for all service offerings and facilities, which are governed by an Integrated Management System (IMS).

“Our company’s various departments and divisions cooperate to ensure that all employees, clients, and subcontractors maintain the highest safety standards for operations conducted in our facilities; whether by the company or its contractors’,” stated GWC Group CEO Mr. Ranjeev Menon. “We approach this commitment to quality and safety with passion, ensuring the higher interest, and for GWC to remain part of enabling your success stories.”

Last week, FIFA announced that GWC (Q.P.S.C.), has signed as the first Official National Supporter of the upcoming FIFA Club World Cup Qatar 2019™ presented by Alibaba Cloud. GWC will be entrusted to carry out the complex logistics requirements for the tournament as the official logistics provider. The FIFA Club World Cup 2019 Qatar™ will be played from 11 to 21 December at three venues in Qatar.

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