Gulf International Services Q.P.S.C. Reports Earnings Results for the Half Year Ended June 30, 2021
August 04, 2021
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Gulf International Services Q.P.S.C. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was QAR 1,431.669 million compared to QAR 1,558.976 million a year ago. Operating income was QAR 48.223 million compared to QAR 193.381 million a year ago. Net loss was QAR 768,000 compared to net income of QAR 54.041 million a year ago.
Gulf International Services QPSC is a Qatar-based company, which operates as a holding company. It operates in four business segments: Drilling segment, which operates through Gulf Drilling International Insurance Co, that has direct ownership of approximately 15 drilling rigs, which are used to drill wells suitable for oil and natural gas extraction, 1 jack-up accommodation barge and 2 lift boats. Aviation segment , which operates through Gulf Helicopters Company that offers helicopter transportation services, including offshore / onshore transporting, long and short-line load lifting, and seismic support, among others. and Catering segment, which operates through AMWAJ Catering Services Company Limited that offers catering services, cleaning, pest control, manpower supply, and facilities management, among others. Insurance segment, which operates through Al Koot Insurance and Reinsurance Co that offers construction, operations, marine, and medical insurance and reinsurance services.
GULF INTERNATIONAL SERVICES Q.P.S.C. 
