Barwa’s quarterly net income jumps 68%
04/05/2014 12:35 pm EDT

share with your network:

Qatar’s Barwa Real Estate Group has said its first-quarter net profit rose 68% to QR266m from QR158m for the same period a year earlier, the Peninsula has reported. Rental revenue climbed 56% year-on-year, despite a 33% rise in operational costs, said the developer. Barwa is currently focusing on the completion of its projects including Barwa Al Baraha, and the residential project Al Khor- Shell in Al Khor.

About the Author

share with your network:

Share your view

© 1996-2015 Media quest FZ LLC A media and entertainment company
Middle East Main Office
[email protected]
© 2015 Dubai Business | Ameinfo . All rights Reserved.