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AL-Wataniah Towers Company achieved a net profit of $0.06 million in Q1 2013

2013-04-21

According to company data for the first three months of the year, net profit before tax reached 62,604 USD, compared with a net loss of (46,198) USD from the first three months of 2012. Total assets of the company reached 13,609,058 USD as of March 31^st, 2013, compared to total assets of 13,445,002 USD as of December 31^st, 2012, a net increase of 1.2%. Total liabilities of the company reached 1,523,867 USD as of March 31^st, 2013, compared to total liabilities of 1,354,599 USD as of December 31^st, 2012, a net increase of 12.5%. Net ownership equity of the company reached 12,085,191 USD as of March 31^st, 2013, compared with a net ownership equity of 12,090,403 USD as of December 31^st, 2012, a net decrease of 0.04% in the first three months.