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.