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WATANIYA realizes net losses of $6.64 million at the end of 2017

2018-02-18

According to the financial statements of Wataniya Palestine Mobile Telecommunication WATANIYA for the year 2017, Net Loss after tax of the period reached (6,645,620) USD Compared with Net Loss after tax (1,537,941) USD for 2016, a net increase in loss of 332.11%.Total assets of the company reached 279,628,395 USD compared with total assets of 223,646,514 USD at the end of year 2016, a net increase of 25.03%.Total liabilities of the company reached 210,108,899 USD compared with total liabilities of 155,481,398 USD at the end of year 2016, a net increase of 35.13%. Net ownership equity of the company reached 69,519,496 USD compared with total owner equity of 68,165,116 USD at the end of year 2016, a net increase of 1.99%.