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WATANIYA posts net income of $1.03 million in H1 2016

2016-07-27

According to financial statements of Wataniya Palestine Mobile Telecommunications WATANIYA for the first half of 2016, Net profit after tax of the period reached 1,027,397 USD Compared with Net Loss after tax (7,940,016) USD for 2015.Total assets of the company reached 240,060,295 USD compared with total assets of 247,200,841 USD at the end of year 2015, a net decrease of 2.89%.Total liabilities of the company reached 169,329,841 USD compared with total liabilities of 177,497,784 USD at the end of year 2015, a net decrease of 4.60%. Net ownership equity of the company reached 70,730,454 USD compared with total owner equity of 69,703,057 USD at the end of year 2015, a net increase of 1.47%.