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WWDSE was established by government proclamation in 1998 G.C to enhance the effort being made in realizing the potential use of the water resources of the country to improve the socioeconomic development of the society...

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Financial Condition

Registered Capital

The Authorized capital of the organization was Birr 35.23 million at its establishment in 1998.

Moreover, in view of building the Enterprise's capacity to meet the ever-increasing development requirement of the sector, Government has raised the Authorized capital to Birr 157.3 million in August 2004.

Authoriged Capital

The Enterprise has Authoriged capital Birr 157.3 million of which Birr 38.98 million is paid up in cash and kind .

Revolving Capital

The profit and loss statement shows a remarkable growth of gross revenue in all the years.

It shows favorable ROI and more than an average of Birr 2 million net profits throughout the course of the years.

The overall financial status indicates a sound financial position to carry out the business.

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