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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.

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