Wataniya Palestine Mobile Telecommunications Announces Earnings Results for the Six Months Ended June 30, 2018
Wataniya Palestine Mobile Telecommunications announced earnings results for the six months ended June 30, 2018. For the period, the company's revenue was USD 50,019,027 compared with USD 41,461,181 a year ago. Net loss before tax was USD 1,647,694 compared with USD 1,374,965 a year ago. Net loss after tax was USD 1,647,694 compared with USD 1,374,965 a year ago. Basic and diluted loss per share was USD 0.006 compared with USD 0.005 a year ago. Net cash flow from operating activities was USD 17,798,575 compared with USD 8,423,541 a year ago. Purchase of property, plant and equipment was USD 31,188,313 compared with USD 3,160,386 a year ago. Purchase of intangible assets was USD 977,515 against USD 625,607 a year ago.