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Wataniya Mobiles realizes loss of $11.57 million; down by 0.3% in H1 2013

2013-07-24

According to company data for the first six months of the year, net loss reached (11,574,043) USD, compared with a net loss of (11,541,992) USD from the first six months of 2012, a net increase in loss of  0.3%. Total assets of the company reached 283,159,553 USD as of June 30^th, 2013, compared to total assets of 293,648,218 USD as of December 31^st, 2012, a net decrease of 3.6%. Total liabilities of the company reached 182,042,715 USD as of June 30^th, 2013, compared to total liabilities of 180,957,337 USD as of December 31^st, 2012, a net increase of 0.6%. Net ownership equity of the company reached 101,116,838 USD as of June 30^th, 2013, compared with a net ownership equity of 112,690,881 USD as of December 31^st, 2012, a net decrease of 10.3% in the last six months.