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OOREDOO posts net income of $1.28 million in Q1 2020


According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the1st Quarter of 2020, Net profit after tax of the period reached 1,280,222 USD Compared with Net Loss after tax (1,026,370) USD for 2019.Total assets of the company reached 227,756,775 USD compared with total assets of 237,906,213 USD at the end of year 2019, a net decrease of 4.27%.Total liabilities of the company reached 130,432,569 USD compared with total liabilities of 141,862,229 USD at the end of year 2019, a net decrease of 8.05%. Net ownership equity of the company reached 97,324,206 USD compared with total owner equity of 96,043,984 USD at the end of year 2019, a net increase of 1.33%.



Al-Quds Index in the red zone amid medium-volume trading

Al-Quds Index continued to decline amid lack of general incentives

The PEX records average PE of 19.7x and average P/BV of 1.10x in Q1 2024

JCC approves distributing 10% cash dividends for the year 2023



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