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OOREDOO posts net income of $2.58 million in Q1 2021

2021-06-01

According to the financial statements of Wataniya Palestine Mobile Telecommunication  OOREDOO for the 1st Quarter of 2021, Net profit after tax of the period reached 2,580,696 USD Compared with Net profit after tax 1,280,222 USD for 2020, a net increase in profit of 101.58%.Total assets of the company reached 233,799,293 USD compared with total assets of 230,005,155 USD at the end of year 2020, a net increase of 1.65%.Total liabilities of the company reached 127,633,478 USD compared with total liabilities of 126,420,036 USD at the end of year 2020, a net increase of 0.95%. Net ownership equity of the company reached 106,165,815 USD compared with total owner equity of 103,585,119 USD at the end of year 2020, a net increase of 2.49%.