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Wataniya Mobiles realizes loss of $6.29 million; down by 0.6% in Q1 2013

2013-04-23

According to Wataniya Palestine Mobile Telecommunications Company ( WATANIYA)’s data for the first three months of the year, net loss reached (6,290,359) USD, compared with a net loss of (6,325,167) USD from the first three months of 2012, a net decrease in loss of 0.6%. Total assets of the company reached 282,087,086 USD as of March 31st, 2013, compared to total assets of 293,648,218 USD as of December 31st, 2012, a net decrease of 3.9%. Total liabilities of the company reached 175,686,564 USD as of March 31st, 2013, compared to total liabilities of 180,957,337 USD as of December 31st, 2012, a net decrease of 2.9%. Net ownership equity of the company reached 106,400,522 USD as of March 31st, 2013, compared with net ownership equity of 112,690,881 USD as of December 31st, 2012, a net decrease of 5.6% in the first three months.