Barwa records rise in profit

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Barwa Real Estate is ranked sixth among top 50 listed real estate companies in Middle East. (The Peninsula Qatar)
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  • The developer's earnings per share (EPS) amounted to QR 0.138 versus QR 0.137 for the same period of 2021
  • Barwa, founded in 2005, established itself as one of the pioneering companies operating in real estate sector in Qatar with a total capital hovering around $1.68 billion

Barwa Real Estate Company has reported a 0.73% increase in its net profit for the first half of 2022 to hit $147.25 million as against $146.15 million for the same period of the previous year.

A statement from the company published Tuesday on Qatar Stock Exchange website said the Earnings per share (EPS) amounted to QR 0.138 versus QR 0.137 for the same period of 2021.

Founded in 2005 with a total capital hovering around $1.68 billion, Barwa established itself as one of the pioneering companies operating in real estate sector and investments in Qatar.

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