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PHARMACARE posts net income of $1.02 million in Q1 2015

2015-05-13

According to Dar Al-Shifa Pharmaceuticals Company PHARMACARE’s data for the first three months of the year, net profit after taxes reached 1,022,972 USD, compared with a net profit after taxes of 746,063 USD from the first three months of 2014, a net increase of 37.1%. Total assets of the company reached 40,253,182 USD as of March 31st, 2015, compared to total assets of 38,427,967 USD as of December 31st, 2014, a net increase of 4.7%. Total liabilities of the company reached 18,531,629 USD as of March 31st, 2015, compared to total liabilities of 17,585,052 USD as of December 31st, 2014, a net increase of  5.4%. Net ownership equity of the company reached 21,721,553 USD as of March 31st, 2015, compared with a net ownership equity of 20,842,915 USD as of December 31st, 2014, a net increase of  4.2% in the first three months.