Al-Wataniah Towers Company P.L.C. announced unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total operating revenues of $248,824 compared with $235,987 for the same period a year ago. Total Revenue was $2,159 compared with $42,591 for the same period a year ago.

Net income before tax was $26,776 compared with $66,104 for the same period a year ago. Net income from continuing operations was $25,981 compared with $64,278 for the same period a year ago. Net income was $25,981 or $0.0024 per share compared with $60,778 or $0.0055 per share for the same period a year ago.

Net cash provided by operating activities was $136,061 compared with $131,519 for the same period a year ago. Book value per share was $1.125 compared with $1.090 for the same period a year ago. Return on assets was 0.002% compared with 0.004% for the same period a year ago.

Return on equity was 0.002% compared with 0.005% for the same period a year ago.