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WATANIYA realizes net loss of $8.15 million in H1 2014

2014-07-23

According to Wataniya Palestine Mobile Telecommunications Company WATANIYA data for the first six months of the year, net loss reached (8,149,384) USD, compared with a net loss of (11,574,043) USD from the first six months of 2013, a net decrease in loss of 29.6%. Total assets of the company reached 278,445,695 USD as of June 30^th, 2014, compared to total assets of 279,762,032 USD as of December 31^st, 2013, a net decrease of 0.5%. Total liabilities of the company reached 195,229,080 USD as of June 30^th, 2014, compared to total liabilities of 188,396,033 USD as of December 31^st, 2013, a net increase of 3.6%. Net ownership equity of the company reached 83,216,615 USD as of June 30^th, 2014, compared with net ownership equity of 91,365,999 USD as of December 31^st, 2013, a net decrease of 8.9% in the last six months.