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OOREDOO posts net income of $7.54 million in 2020

2021-02-16

According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the year 2020, Net profit after tax of the period reached 7,541,215 USD Compared with Net profit after tax 1,123,117 USD for 2019, a net increase in profit of 571.45%.Total assets of the company reached 230,005,155 USD compared with total assets of 237,906,133 USD at the end of year 2019, a net decrease of 3.32%.Total liabilities of the company reached 126,420,036 USD compared with total liabilities of 141,862,229 USD at the end of year 2019, a net decrease of 10.88%. Net ownership equity of the company reached 103,585,119 USD compared with total owner equity of 96,043,904 USD at the end of year 2019, a net increase of 7.85%.