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OOREDOO posts net income of $13.99 million in 9M 2023

2023-11-16

According to financial statements  of Wataniya Palestine Mobile Telecommunications OOREDOO for the first nine months of 2023, Net profit after tax of the period reached 13,986,473 USD Compared with Net profit after tax 12,922,427 USD for 2022, a net increase in profit of 8.23%.Total assets of the company reached 262,811,643 USD compared with total assets of 256,729,233 USD at the end of year 2022, a net increase of 2.37%.Total liabilities of the company reached 115,179,951 USD compared with total liabilities of 123,084,014 USD at the end of year 2022, a net decrease of 6.42%. Net ownership equity of the company reached 147,631,692 USD compared with total owner equity of 133,645,219 USD at the end of year 2022, a net increase of 10.47%.