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Thu 22 Oct 2009 10:02 AM

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Barwa posts profit rise in first nine months

Qatari developer records a nine month net profit of QR622.6m ($171.1m).

Barwa Real Estate Co

posted a nine-month net profit of QR622.6m ($171.1m), up from QR299.4m in the same period last year.

The company's earnings per share (EPS) amounted to QR2.37 for the period ended September 30 against QR1.22 a year ago. (Reuters)

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