Gulf Warehousing Company Q.S.C. Signed Contract With Darwish According to BAC Report
04 Nov 2011 • by Natalie Aster
LONDON – In October Gulf Warehousing announced its contracts details with Darwish, a retail, business services, and real estate company. Upon the agreement Gulf will be a storing and distribution partner for Darwish in the next three years.
Gulf designed a special warehouse facility and developed a personalized distribution chain for this project. The goods presumed to be transported and stored are very diversified, sizing from lipstick to piano.
All operational activities starting from security monitoring, barcoding, cataloguing and ending count verification, daily picking and delivery, invoicing are carried out by Gulf Warehousing with 99% accuracy.
Gulf latest financial performance is stable. Revenue and net income improve in mid-2011 comparing to the end of 2010. In Q3 2011 the indices amounted to QAR 101.3 M and QAR 14.9 M respectively (profit margin 14.7%). Annual results are promising, with revenue and net income increasing by 17.7% and 420.4% respectively comparing to the previous year. With profit margin 58.2%, they reached QAR 87.6 M and QAR 51 M respectively.
Founded in 2004 and headquartered in Doha (Qatar), Gulf Warehousing Company engages in Qatari logistics business. It owns >400 tracks and >700 trailers, serving Healthcare, Food And Beverage, Industrial Products, High Value Commodities, Retail, Government, Gas, Oil, Chemicals, Steel, Electronics, and Automotive industries. Since its establishment Gulf trades at the Stock Exchange.
All details about Gulf Warehousing present activities, business possibilities and financials can be found in the report “Gulf Warehousing Company Q.S.C. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Report Details:
Title: Gulf Warehousing Company Q.S.C. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Oct, 2011
Pages: 72
More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.
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