Al Wataniah Towers 9M profit up 35%

Mubasher: Palestine’s Al Wataniah Towers Company posted on Tuesday a 34.82% rise in a net profit to $182,930 in the first nine months of 2015, from $135,680 last year.

Despite the decline in total revenue to $688,360 in the nine-month period from $704,350 in the same period last year, reducing expenses played a significant role in the growth of net profit, as it decreased to less than $420,580 from $463,410 in the first nine months last year.

Mubasher Contribution Time: 29-Dec-2015 08:34 (GMT)