Gulf International Services (GIS) – one of the largest diversified service groups in Qatar with interests in drilling, insurance, helicopter transportation and catering services – has reported a 41% year-on-year surge in net profit to QR49mn in the first nine months ended September 30, 2020.
Gulf International Services (GIS) is in the process of restructuring and refinancing a total $1.3bn debt of its fully owned subsidiary – Gulf Drilling International (GDI) ...
Gulf International Services (GIS) has earned a revenue of QR1.5bn and a net profit of QR29mn in the six-month period up to June.
Gulf International Services (GIS) has embarked on a robust strategy, which includes overseas expansion of its aviation arm, as it pins hopes on medium to long term prospects.
Gulf International Services (GIS) is expecting to further invest QR1.5bn over the next five years as part of a growth strategy aimed at improving efficiency and reducing operating costs.