Gulf Warehousing to release Q1 financials 20 April

Doha – Mubasher: Gulf Warehousing Company (GWC) announced Wednesday that its financial statements for the first quarter of 2016 will be disclosed on 20 April, according to a bourse filing.

The Qatar-listed company earlier reported a rise of 32% in its annual profit in 2015 to QAR 185 million ($50.8 million), versus QAR 140 million ($38.44 million) in 2014.

GWC‘s ordinary general meeting (OGM) approved cash dividends at 15% of the share’s par value, equivalent to QAR 1.50 ($0.41 ) per share.

The stock rose today by 9.95% to QAR 59.84 ($16.43). 

Mubasher Contribution Time: 06-Apr-2016 12:15 (GMT)
Mubasher Last Update Time: 06-Apr-2016 14:30 (GMT)