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OOREDOO posts net income of $9.94 million in 9M 2021


According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the first nine months of 2021, Net profit after tax of the period reached 9,940,113 USD Compared with Net profit after tax 5,917,104 USD for 2020, a net increase in profit of 67.99%.Total assets of the company reached 225,957,396 USD compared with total assets of 230,005,155 USD at the end of year 2020, a net decrease of 1.76%.Total liabilities of the company reached 112,432,164 USD compared with total liabilities of 126,420,036 USD at the end of year 2020, a net decrease of 11.06%. Net ownership equity of the company reached 113,525,232 USD compared with total owner equity of 103,585,119 USD at the end of year 2020, a net increase of 9.60%.



Al-Quds Index in a narrow range with the approaching end of 2022

The PEX records average PE of 12.4x and average P/BV of 1.51x in 9M 2022



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