Barwa Net Profit Down 15.4% to QR405 Million in First Quarter of 2018

April 24, 2018

Barwa Real Estate Group announced its financial results for the period ended on 31 March 2018. The results showed a net profit of QR405 million attributable to the shareholders of the parent company, a decrease of 15.4% compared to QR479 million for the same period last year. The company’s earnings per share recorded QR1.04, versus QR1.23 for the same period of 2017.