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An artist's impression of Barwa City project.

Barwa Real Estate nine-month profit surges

DOHA, October 27, 2015

Qatar's Barwa Real Estate, one of the Gulf Arab state's largest listed developers, reported a huge jump in nine-month net profit on Tuesday.

Barwa made a net profit of QR3.5 billion ($933.61 million) in the nine months to September 30, up from QR673 million a year earlier, it said in bourse statement.

The company did not state its quarterly revenue or provide further details to explain the profit jump.  - Reuters




Tags: Qatar | real estate | Barwa |

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