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Home International Customs Qatar

Barwa real estate net profit swells by 420% to QR 3.5bn

byCustoms Today Report
28/10/2015
in Qatar
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DOHA: Barwa Real Estate Company has posted a net profit of QR 3.5 Billion for the period ended September 30, a jump by 420% compared to QR 673 Million recorded for the same period in 2014, according to a Qatar Stock Exchange (QSE) bulletin today.

The company’s earnings per share (EPS) significantly increased to QR 9.18 compared to an EPS of QR 1.73 for the same period in 2014.

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Barwa Group is a real estate company established in 2005. The company is listed on the Qatar Exchange, with 45% of shares held by the Qatar Investment Authority, via its Qatari Diar subsidiary. It is primarily active in real estate development and related financial services.

 

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