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OOREDOO posts net income of $4.29 million in Q1 2023

2023-05-02

According to the financial statements of Wataniya Palestine Mobile Telecommunications OOREDOO  for the 1st Quarter of 2023, Net profit after tax of the period reached 4,294,155 USD Compared with Net profit after tax 3,914,599 USD for 2022, a net increase in profit of 9.70%.Total assets of the company reached 261,656,042 USD compared with total assets of 256,729,233 USD at the end of year 2022, a net increase of 1.92%.Total liabilities of the company reached 123,716,668 USD compared with total liabilities of 123,084,014 USD at the end of year 2022, a net increase of 0.51%. Net ownership equity of the company reached 137,939,374 USD compared with total owner equity of 133,645,219 USD at the end of year 2022, a net increase of 3.21%.