Gulf Warehousing Reports QR 84.9 Million in Net Profit

Doha, January 16 (QNA) - Gulf warehousing company disclosed the financial statements for the year ended December 31, 2012. The financials revealed a net profit of QR 84.9 Million in 2012 versus QR 61.7 Million in 2011, the company said in a statement. The Earnings per Share (EPS) amounted to QR 2.14 in 2012. compared to QR 1.56 in 2011. Gulf Warehousing Company was formed in March 2004 as a public listed company listed on Doha Securities market. The Company is primarily engaged in the provision of set-up, establishment, management, and lease of all types of warehouses for the storage, freight forwarding and other ancillary services. (QNA)