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BPC posts net income of $2.31 million in Q1 2016

2016-04-19

According to financial statements of Birzeit Pharmaceuticals Company BPC for Q1 2016, Net profit after tax of the period reached 2,315,266 USD Compared with Net profit after tax 1,769,881 USD for 2015, a net increase in profit of 30.81%.Total assets of the company reached 69,188,649 USD compared with total assets of 69,123,710 USD at the end of year 2015, a net increase of 0.09%.Total liabilities of the company reached 10,406,911 USD compared with total liabilities of 12,604,946 USD at the end of year 2015, a net decrease of 17.43%. Net ownership equity of the company reached 58,781,738 USD (Including Non-Controlling Interests of 342,611 USD) compared with total owner equity of 56,518,764 USD (Including Non-Controlling Interests of 316,242 USD) at the end of year 2015, a net increase of 4.00%.