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OOREDOO posts net income of $2.65 million in Q1 2026

2026-04-29

According to the financial statements for Wataniya Palestine Mobile Telecommunications of 31/03/2026 Net profit after tax reached 2,652,220 USD, compared with Net profit after tax of 3,393,798 USD of year 2025 a net decrease of 21.85%. Total assets reached 273,513,729 USD, compared with Total assets of 323,691,683 USD at the end of year 2025 a net decrease of 15.5%. Total Liabilities reached 94,250,346 USD, compared with Total Liabilities of 147,080,520 USD at the end of year 2025 a net decrease of 35.92%. Total Owners' Equity reached 179,263,383 USD, compared with Total Owners' Equity of 176,611,163 USD at the end of year 2025 a net increase of 1.5%. Noting that paid-in capital decreased from 293,000,000 USD in year 2025 to 176,611,163 USD of this year, a net decrease of 39.72%