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PHARMACARE records net income of $1.42 million in H1 2014

2014-08-18

According to Dar Al-Shifa Pharmaceuticals Company PHARMACARE’s data for the first six months of the year, net profit after taxes reached 1,419,486 USD, compared with a net profit after taxes of 1,861,972 USD from the first six months of 2013, a net decrease of 23.8%.Total assets of the company reached 42,454,185 USD as of June 30^th, 2014, compared to total assets of 39,162,734 USD as of December 31^st, 2013, a net increase of 8.4%. Total liabilities of the company reached 20,935,205 USD as of June 30^th, 2014, compared to total liabilities of 18,289,903 USD as of December 31^st, 2013, a net increase of 14.5%. Net ownership equity of the company reached 21,518,980 USD  as of June 30^th, 2014, compared with a net ownership equity of 20,872,831 USD as of December 31^st, 2013, a net increase of 3.1% in the last six months.