GIS announces QR54m net profit for 2021 – The Peninsula Qatar

GIS announces QR54m net profit for 2021 – The Peninsula Qatar

Gulf International Services (GIS or the Group), yesterday reported a net profit of QR54m for the year ended 31 December 2021, with an earnings per share of QR0.029.

Commenting on the Group’s financial and operational performance for the year ended 31 December 2021, GIS’ Board of Directors, said: “As we enter a post-pandemic recovery phase, our Group companies demonstrated resilience. Our strategic alignment with our customers within the drilling segment was a key achievement and new contracts won internationally for the first time in the segment’s history”.