Tuesday, 16 January 2018 01:18 GMT

Qatar's Barwa Real Estate net profit up 27 percent in 2013

(MENAFN) Qatari real estate firm Barwa Real Estate announced that its net profit increase 27.3 percent in 2013, Arabian Business reported.

The company said that its net profit in the year hit USD384.5 million, increasing from USD301.8 million in the year before it

In the year's first 9 months, however, the company made a profit of USD128 million, which is 40 percent less than the corresponding period in 2012

Barwa agreed a USD7.1 billion financial assistance package with state real estate firm Qatari Diar in June last year

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