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OOREDOO posts net income of $1.12 million in 2019

2020-02-17

According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the year 2019, Net profit after tax of the period reached 1,123,117 USD Compared with Net profit after tax 100,474 USD for 2018, a net increase in profit of 1017.82%.Total assets of the company reached 237,906,133 USD compared with total assets of 251,561,403 USD at the end of year 2018, a net decrease of 5.43%.Total liabilities of the company reached 141,862,229 USD compared with total liabilities of 155,422,100 USD at the end of year 2018, a net decrease of 8.72%. Net ownership equity of the company reached 96,043,904 USD compared with total owner equity of 96,139,303 USD at the end of year 2018, a net decrease of 0.10%.