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OOREDOO posts net income of $3.91 million in Q1 2022

2022-05-16

According to the financial statements of Wataniyah Palestine Mobile Telecommunications OOREDOO for the 1st Quarter of 2022, Net profit after tax of the period reached 3,914,599 USD Compared with Net profit after tax 2,580,696 USD for 2021, a net increase in profit of 51.69%.Total assets of the company reached 240,269,494 USD compared with total assets of 233,617,518 USD at the end of year 2021, a net increase of 2.85%.Total liabilities of the company reached 119,345,974 USD compared with total liabilities of 116,608,597 USD at the end of year 2021, a net increase of 2.34%. Net ownership equity of the company reached 120,923,520 USD compared with total owner equity of 117,008,921 USD at the end of year 2021, a net increase of 3.35%.