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Friday, June 25, 2021

Barwa Real Estate profit’s jump 10 percent to QR3.06 billion

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Barwa Real Estate became the latest Qatar developer to post a large improvement to its bottom line after reporting a net profit of QR3.06 billion last year, up 10 percent over 2014, according to a statement yesterday to the Qatar Stock Exchange.

Barwa’s earnings report comes on the heels of Ezdan Holdings and United Development Co. posting increases in 2015 net profits of 22 percent and 8 percent, respectively.

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