Barwa Real Estate swings to Q4 net loss

22/02/2016 07:37 AST

Qatar's Barwa Real Estate , one of its largest listed developers, swung to a loss in the fourth quarter, according to Reuters calculations.

Barwa made a net loss of QR518 million ($142.3 million) in the three months to Dec. 31, Reuters calculated, based on Barwa's annual financial statement, in lieu of a quarterly breakdown. It made a profit of QR2.10 billion in the same period a year ago.

The company's 2015 profit was QR3.06 billion, versus QR2.78 billion in 2014, it said in a short bourse statement.

Barwa's board has recommended paying a cash dividend of QR2.2 per share, the same payout as the previous year .


Trade Arabia

News

Barwa forecasts soft landing for Qatar real estate market

28/02/2018

Qatar’s real estate market is heading to a ‘soft landing’ before taking a turnaround in post 2020, Barwa Real Estate Group CEO Salman bin Mohammed Al Mohannadi (pictured) has said.

Speaking

The Peninsula

Barwa Real Estate Group net profit up 6% to QR1.7bn in ’17

11/02/2018

Barwa Real Estate Group has posted a 6% growth in net profit to reach QR1.7bn in 2017, it was announced. The group’s real estate portfolio has grown to include 6,639 housing units, 12,706 worker room

Gulf Times

Barwa & IQ outperform GCC equities in January

05/02/2018

Qatar’s Barwa Real Estate and Industries Qatar (IQ) have emerged as top performers among GCC equities during the month of January 2018. Barwa outperformed GCC equities after surging 19 percent, accor

The Peninsula

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683
DARALARKAN 13.47 74,648,349

Valuation

BRES Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ERES 10.25 -0.28 (-2.66%)
MABANEE 700.00 -13.00 (-1.83%)
UDCD 14.70 -0.10 (-0.68%)
SRE 325.00 -15.00 (-4.42%)
REAM 1,572.00 0.00 (0.00%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap