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WATANIYA realizes net loss of $1.54 million at the end of 2016

2017-02-15

According to the financial statements of Wataniya Palestine Mobile Telecommunications WATANIYA for the year 2016, Net Loss after tax of the period reached (1,537,941) USD Compared with Net Loss after tax (5,137,335) USD for 2015, a net decrease in loss of 70.06%.Total assets of the company reached 223,646,514 USD compared with total assets of 247,200,841 USD at the end of year 2015, a net decrease of 9.53%.Total liabilities of the company reached 155,481,398 USD compared with total liabilities of 177,497,784 USD at the end of year 2015, a net decrease of 12.40%. Net ownership equity of the company reached 68,165,116 USD compared with total owner equity of 69,703,057 USD at the end of year 2015, a net decrease of 2.21%.