Barwa Real Estate Co QPSC 2020 AR2
The report highlights Barwa Real Estate Company's operational and financial performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a net profit of QR 1,214 million and a total recurring operating income of QR 1,637 million. Key milestones included launching construction for the Madinatna and Barahat Al Janoub residential projects, completing phases of the Mukaynis Compound, and securing the first Public-Private Partnership (PPP) agreement to develop eight public schools in Qatar. Additionally, the company successfully refinanced QR 3.4 billion of existing credit facilities to strengthen its cash position.
Company: Barwa Real Estate Co QPSC
Sector: Real Estate
Country: Qatar
Year: 2020
Type: AR2
Pages: 90
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Barwa Real Estate Co QPSC
Annual Report
The report highlights Barwa Real Estate Company's operational and financial performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a net profit of QR 1,214 million and a total recurring operating income of QR 1,637 million. Key milestones included launching construction for the Madinatna and Barahat Al Janoub residential projects, completing phases of the Mukaynis Compound, and securing the first Public-Private Partnership (PPP) agreement to develop eight public schools in Qatar. Additionally, the company successfully refinanced QR 3.4 billion of existing credit facilities to strengthen its cash position.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees