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OOREDOO realizes net loss of $0.71 million in 9M 2019

2019-11-06

According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the first nine months of 2019, Net Loss after tax of the period reached (710,484) USD Compared with Net Loss after tax (426,539) USD for 2018, a net increase in loss of 66.57%.Total assets of the company reached 231,283,686 USD compared with total assets of 251,561,403 USD at the end of year 2018, a net decrease of 8.06%.Total liabilities of the company reached 137,073,383 USD compared with total liabilities of 155,422,100 USD at the end of year 2018, a net decrease of 11.80%. Net ownership equity of the company reached 94,210,303 USD compared with total owner equity of 96,139,303 USD at the end of year 2018, a net decrease of 2.01%.