Barwa Real Estate Net Profit Up 12% to QR 1,915 Million in 2018

February 25, 2019

Barwa Real Estate disclosed its audited financial statements for the year ended 31/12/2018. The statements show a net profit of QR 1,915 million, an increase of 12% compared to QR 1,705 million for the same period of the previous year.

Barwa’s earnings per share amounted to QR 4.92 for the year ended 31/12/2018, versus QR 4.38 for the corresponding period of 2017.

The Board of Directors proposed a cash dividend of 25% of the nominal value of the share, equal to QR 2.5 per share.