Barwa Real Estate Group, one of the leading real estate and investment companies in Qatar and the region, reported a net profit attributable of QR414m for the first quarter of this year, an increase of QR9m, or 2 percent, compared to QR405m for the same period last year.
Earnings per share amounted to QR1.06 compared to QR1.04 for the same period last year. Total assets reached QR31.4bn and the shareholders’ equity of the parent company exceeded QR18.8bn in addition to maintaining an available cash balance of QR1.5bn.