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OOREDOO posts net income of $9.26 million in H1 2023

2023-08-01

According to the financial statements of Wataniah Palestine Mobile Telecommunications OOREDOO for the first half of 2023, Net profit after tax of the period reached 9,261,794 USD Compared with Net profit after tax 7,166,659 USD for 2022, a net increase in profit of 29.23%.Total assets of the company reached 258,258,954 USD compared with total assets of 256,729,233 USD at the end of year 2022, a net increase of 0.60%.Total liabilities of the company reached 115,351,941 USD compared with total liabilities of 123,084,014 USD at the end of year 2022, a net decrease of 6.28%. Net ownership equity of the company reached 142,907,013 USD compared with total owner equity of 133,645,219 USD at the end of year 2022, a net increase of 6.93%.