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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 31st, 2013, compared to total assets of 13,445,002 USD as of December 31st, 2012, a net increase of 1.2%. Total liabilities of the company reached 1,523,867 USD as of March 31st, 2013, compared to total liabilities of 1,354,599 USD as of December 31st, 2012, a net increase of 12.5%. Net ownership equity of the company reached 12,085,191 USD as of March 31st, 2013, compared with a net ownership equity of 12,090,403 USD as of December 31st, 2012, a net decrease of 0.04% in the first three months.

 


 

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