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BPC posts net income of $4.23 million in 9M 2014

2014-10-30

According to Birzeit Pharmaceuticals Company BPC’s consolidated data for the first nine months of the year, net profit after taxes reached 4,227,925 USD, compared with a net profit after taxes of 3,958,931 USD from the first nine months of 2013, a net increase of 6.8%. Total assets of the company reached 66,894,159 USD as of September 30^th, 2014, compared to total assets of 64,753,100 USD as of December 31^st, 2013, a net increase of 3.3%. Total liabilities of the company reached 13,612,282 USD as of September 30^th, 2014, compared to total liabilities of 12,828,330 USD as of December 31^st, 2013, a net increase of 6.1%. Net ownership equity of the company reached 53,281,877 USD (including 263,308 USD Non-controlling interest) as of September 30^th, 2014, compared with a net ownership equity of 51,924,770 USD (including 199,413 USD Non-controlling interest) as of December 31^st, 2013, a net increase of 2.6% in the first nine months.