Barwa Real Estate announces its 2008 year end results
AME Info - United Arab Emirates
Barwa's financial statements for 2008 reflect the current economic turmoil and financial crisis. Barwa recorded QR300m in net profits, i.e. QR1.46 per share given the increase in the capital of the company.
The results underline the diversification of earnings as various business activities, which the company launched over the last years, contributed to these profits. Appraisal of investment properties showed QR109 loss. ...
AME Info - United Arab Emirates
Barwa's financial statements for 2008 reflect the current economic turmoil and financial crisis. Barwa recorded QR300m in net profits, i.e. QR1.46 per share given the increase in the capital of the company.
The results underline the diversification of earnings as various business activities, which the company launched over the last years, contributed to these profits. Appraisal of investment properties showed QR109 loss. ...
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