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WATANIYA posts net income of $1.12 million in 9M 2016

2016-10-25

According to the financial statements of Wataniya Palestine Mobile Telecommunications WATANIYA for the first nine months of 2016, Net profit after tax of the period reached 1,116,727 USD Compared with Net Loss after tax (8,335,150) USD for 2015.Total assets of the company reached 236,089,044 USD compared with total assets of 247,200,841 USD at the end of year 2015, a net decrease of 4.50%.Total liabilities of the company reached 165,269,260 USD compared with total liabilities of 177,497,784 USD at the end of year 2015, a net decrease of 6.88%. Net ownership equity of the company reached 70,819,784 USD compared with total owner equity of 69,703,057 USD at the end of year 2015, a net increase of 1.60%.