Doha: Barwa Real Estate Company disclosed the interim financial statement for the three month period ended March 31, 2013. The financial statements revealed a net profit of QR158.5m compared with QR292.5m for the corresponding period in 2012, the company said in a statement.
The Earnings per Share (EPS) amounted to QR0.41 as of March 31, 2013, as against QR0.75 during the same period in 2012.
Barwa’s foundations were laid on November 15, 2005. It began operations on January 19 2006. The company is primarily engaged in the acquisition, reclamation, development and reselling of lands. QNA
