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Barwa Real Estate Group 2019 Net
Profit Decreases 21% to QAR 1.5 Billion
11 March 2020
Barwa Real Estate Group has disclosed its
financial results for the year ended 31 December 2019 which reflected
net profit of QAR 1.5 billion against QAR 1.91 billion for the preceding
year 2019, a drop of 21% in the net profit.
Earnings per share for the year amounted QAR
0.39 compared to earnings of QAR 0.49 per share for the previous year
2018.
The Board of Directors has recommended to
the shareholders’ AGM in its next meeting the distribution of QAR 0.20,
a 20% of the share par value.