Thursday, 23 November 2017 01:30 GMT
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Qatar's Barwa second-quarter losses hit USD11.8m

(MENAFN) Barwa Real Estate, Qatar's largest listed property developer, has registered an USD11.8 million net loss in the second quarter, Gulf Daily News reported.

The second-quarter drop was compared to a net loss of USD11.14 million which was registered in the year-ago period.

In the first half of 2014, Barwa has made a profit of USD60.98 million, up from USD54.66 million year-on-year.

"We are working on selling one of our land assets in a medical and educational project to the government's Higher Committee for Projects and Heritage," the firm said.


Qatar's Barwa second-quarter losses hit USD11.8m

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