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OOREDOO realizes net loss of $1.25 million in H1 2019

2019-07-24

According to financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the first half of 2019, Net Loss after tax of the period reached (1,248,785) USD Compared with Net Loss after tax (1,647,694) USD for 2018, a net decrease in loss of 24.21%.Total assets of the company reached 230,070,103 USD compared with total assets of 251,561,403 USD at the end of year 2018, a net decrease of 8.54%.Total liabilities of the company reached 136,398,101 USD compared with total liabilities of 155,422,100 USD at the end of year 2018, a net decrease of 12.24%. Net ownership equity of the company reached 93,672,002 USD compared with total owner equity of 96,139,303 USD at the end of year 2018, a net decrease of 2.57%.