Barwa Net Profit in 2016 Drop 47.4% to QR 1605 Million
Board
of Directors recommended distributing a cash
dividend of QR 2.5 per share.
February 07,
2017
Barwa Real Estate Group
disclosed its financial statements
for the period ended on 31.12.2016. The
statements show that the net profit is
QR1605 million compared to net profit
amounting to QR 3056 million for the same
period of the previous year.
Earnings per Share (EPS) amounted to QR4.13
for the period ended December 31, 2016
compared to EPS amounted to QR7.86 for the
same period of the previous year.
The Board of Directors recommended
distributing a cash dividend of QR 2.5 per
share.