Mubasher: Palestine’s Al Wataniah Towers Company reported on Wednesday a 205% hike in net profit in the third quarter of 2016.

Net profits reached $79,800 in Q3-16 from $26,160 in the year-ago period, according to a bourse filing.

On the nine-month level, the company's profits retreated 11.7% to $161,550 in the nine-month period of 2016 from $182,940 in the same period last year.