Doha – Mubasher: Barwa Real Estate saw a 140.3% year-on-year rise in its profits during the third quarter of 2016, according to a statement.
Net profits reached QAR 298 million ($81.8 million) in Q3-16, compared to QAR 124 million ($34.04 million) in Q3-15.
In the first nine months of 2016, net profits amounted to QAR 1.498 billion compared to QAR 3.574 billion during the prior-year period.
Earnings per share (EPS) reached QAR 3.85 as at 30 September 2016, compared to QAR 9.18 as at 30 September 2015.
