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OOREDOO posts net income of $12.92 million in 9M 2022

2022-10-30

According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO for the first nine months of 2022, Net profit after tax of the period reached 12,922,427 USD Compared with Net profit after tax 9,940,113 USD for 2021, a net increase in profit of 30.00%.Total assets of the company reached 250,569,746 USD compared with total assets of 233,617,518 USD at the end of year 2021, a net increase of 7.26%.Total liabilities of the company reached 120,638,398 USD compared with total liabilities of 116,608,597 USD at the end of year 2021, a net increase of 3.45%. Net ownership equity of the company reached 129,931,348 USD compared with total owner equity of 117,008,921 USD at the end of year 2021, a net increase of 11.04%.