Qatar's Barwa Real Estate Q2 net profit nearly trebles

July 4, 2016 6:21 AM

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DUBAI, July 4 Qatar's Barwa Real Estate , one of the Gulf Arab state's largest listed developers, reported a near-trebling of second-quarter net profit on Monday, according to Reuters calculations.

Barwa made a net profit of 550 million riyals ($151.1 million) in the three months to June 30, Reuters calculated based on previous financial statements in the absence of a quarterly breakdown.

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