Doha – Mubasher: Gulf Warehousing Company’s profits rose 15.8% in the second quarter of 2016 to QAR 54.75 million ($15.02 million) from QAR 47.28 million ($12.97 million) in Q2-15, according to a bourse filing.
The company achieved a 15.5% increase in its profits for the first six months in 2016 to QAR 101.3 million compared to QAR 87.7 million in H1-15.
Stock yield reached QAR 1.76 in H1-16 from QAR 1.70 in the same period in the previous year.