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Investor Relations
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FinancialNews
11-02-18
Qatar's Barwa reports net profit of QR1.7bn
(MENAFN) Qatari Barwa Real Estate Group has recorded a net profit of QR1.7 billion last year, with earnings per share reported to QR4.38 with a QR100 million increase, reaching a 6% boost.
The group raised its net rental profits by QR140m in an attempt to improve its operating revenues, recording an 18% boost.
Barwa has also been successful in reaching a QR85 million increase in the net revenue of consultancy services, as well as a variety of other services.
The equity holders of the parent company have also recorded a QR18.9 billion rise, with overall assets reaching a QR599 million increase, while liabilities recorded a QR181 million decrease.
MENAFN1102201800450000ID1096452904
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