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WATANIYA records net income of $0.25 million in Q1 2016


According to the financial statements of Wataniya Palestine Mobile Telecommunications WATANIYA for Q1 2016, Net profit after tax of the period reached 248,863 USD Compared with Net Loss after tax (4,127,143) USD for 2015.Total assets of the company reached 245,420,755 USD compared with total assets of 247,200,841 USD at the end of year 2015, a net decrease of 0.72%.Total liabilities of the company reached 175,468,835 USD compared with total liabilities of 177,497,784 USD at the end of year 2015, a net decrease of 1.14%. Net ownership equity of the company reached 69,951,920 USD compared with total owner equity of 69,703,057 USD at the end of year 2015, a net increase of 0.36%.


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