CHAIRMAN: DR. KHALID BIN THANI AL THANI
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Business / Qatar Business

GWC Group delivers QR29m net profit in Q2

Published: 24 Jul 2026 - 10:00 am | Last Updated: 24 Jul 2026 - 10:05 am
From left: GWC Group Chairman Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani, GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber Al Thani and GWC Group CEO Matthew Kearns.

From left: GWC Group Chairman Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani, GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber Al Thani and GWC Group CEO Matthew Kearns.

The Peninsula

Doha, Qatar: Gulf Warehousing Company (GWC Group), one of the region’s leading logistics groups providing cross-border and integrated supply chain solutions, announced its financial results for the second quarter (Q2) of 2026 following a meeting of the Board of Directors held yesterday and chaired by GWC Group Chairman, Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani.

During the second quarter of 2026, the Group generated gross revenues of QR359m, representing 13% growth over the previous quarter and 4% growth compared with Q2 2025. Net profit reached QR29m, increasing 32% year-on-year. 

The strong quarterly performance brought first-half net profit to QR62m, with a 6% growth compared with H1 2025. Earnings per share for the second quarter stood at QR0.106 as compared to 0.100 in 2025.

Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani, GWC Group Chairman, said: “Our performance this quarter reflects GWC Group’s role as a critical enabler of regional trade. During periods of disruption, resilient supply chains become strategic infrastructure, and our responsibility is to ensure commerce continues to move reliably across the GCC. By creating new trade corridors, maintaining uninterrupted market connectivity, and exercising fiscal and operational prudence, we supported regional economic resilience.”

Sheikh Abdulla bin Fahad bin Jassim bin Jaber Al Thani, GWC Group Managing Director, said: “This quarter was about transforming newly established trade corridors into dependable channels for regional commerce.

By deploying trade continuity solutions and activating strategic multimodal trade corridors, GWC Group strengthened regional connectivity, expanded its regional logistics capabilities, and delivered what mattered most during a period of uncertainty: essential goods for our communities and uninterrupted business continuity for our customers.”

Matthew Kearns, GWC Group CEO, said: “This quarter validated the foundation we have built across the region. Having an established footprint across the GCC meant that when disruption struck, GWC Group could immediately engineer multimodal trade corridors, design customer-specific solutions, and keep supply chains moving."