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OOREDOO realizes net loss of $1.03 million in Q1 2019

2019-05-02

According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the 1st Quarter of 2019, Net Loss after tax of the period reached (1,026,370) USD Compared with Net Loss after tax (3,836,903) USD for 2018, a net decrease in loss of 73.25%.Total assets of the company reached 245,650,837 USD compared with total assets of 251,561,403 USD at the end of year 2018, a net decrease of 2.35%.Total liabilities of the company reached 151,756,420 USD compared with total liabilities of 155,422,100 USD at the end of year 2018, a net decrease of 2.35%. Net ownership equity of the company reached 93,894,417 USD compared with total owner equity of 96,139,303 USD at the end of year 2018, a net decrease of 2.34%.