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APIC posts net income of $12.41 million in 2015

2016-02-09

According to financial statements of the Arab Palestinian Investment Company APIC for year 2015, Net profit after tax of the period reached 12,414,122 USD Compared with Net profit after tax 11,346,982 USD for 2014, a net increase in profit of 9.40%.Total assets of the company reached 279,314,490 USD compared with total assets of 250,909,979 USD at the end of year 2014, a net increase of 11.32%.Total liabilities of the company reached 168,165,753 USD compared with total liabilities of 147,266,888 USD at the end of year 2014, a net increase of 14.19%. Net ownership equity of the company reached 111,148,737 USD (Including Non-Controlling Interests of 29,517,320 USD) compared with total owner equity of 103,643,091 USD (Including Non-Controlling Interests of 25,951,185 USD) at the end of year 2014, a net increase of 7.24%.