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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Barwa Q1 net profit $64.55m

The Earnings per Share amounted to QR 0.061 for Q1. (Barwa)
  • For the first quarter of 2023, Lesha Bank announced a net profit of QR22 million, compared to 21 million the same quarter previous year.
  • Qatar Fuel Company recorded a 15 percent decrease in net profit to QR223 in Q1 2023 compared to more than QR262 million for Q1 2022.

Doha, Qatar — Qatar-based Barwa Real Estate Company has reported a 2.86 percent increase in its net profits for Q1 of 2023 to QR235 million ($64.55 million) from QR228 million for the same period of the previous year.
This translates to earnings per share (EPS) of QR 0.061 as of 31st March, compared to QR 0.059 for the same period in 2022.

During the financial year 2022, the company’s profit grew by 2.18 percent, reaching QR1.138 billion, compared to QR1.113bn in 2021. The earnings per share marginally increased to 0.292 riyals in 2022, compared to 0.286 riyals in the previous year.

For the first quarter of 2023, Lesha Bank announced a net profit of QR22 million, compared to 21 million the previous year. The earnings per share (EPS) amounted to QR 0.020, compared to QR 0.022 for the same period in 2022.

Qatar Fuel Company recorded a 15 percent decrease in net profit to QR223 in Q1 2023 compared to more than QR262 million for the same period of the previous year.