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OOREDOO posts net income of $5.75 million in H1 2021

2021-08-15

According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the first half of 2021, Net profit after tax of the period reached 5,745,765 USD Compared with Net profit after tax 3,142,294 USD for 2020, a net increase in profit of 82.85%.Total assets of the company reached 223,024,678 USD compared with total assets of 230,005,155 USD at the end of year 2020, a net decrease of 3.03%.Total liabilities of the company reached 113,693,794 USD compared with total liabilities of 126,420,036 USD at the end of year 2020, a net decrease of 10.06%. Net ownership equity of the company reached 109,330,884 USD compared with total owner equity of 103,585,119 USD at the end of year 2020, a net increase of 5.55%.