Business

Barwa Real Estate Company Reports 4.94% Increase in Profits During First Nine Months of 2023

Doha, Barwa Real Estate Company disclosed the interim financial statement for the nine months ending Sep. 30, 2023, reporting a net profit of QR 778,875,000 compared to a net profit of QR 742,203,000 for the same period in 2022.

In a statement on the QSE website, the company said that the Earnings per Share (EPS) amounted to QR 0.200 as of Sep. 30, 2023, compared to an EPS of QR 0.191 for the same period in 2022.

Barwa Real Estate Company was established in 2005, aiming to become one of the specialized companies in real estate development and investment in Qatar, with a capital of approximately QR 3.89 billion.

Source: Qatar News Agency