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BPC posts net income of $4.73 million in H1 2016

2016-08-17

According to the financial statements of Birzeit Pharmaceutical Company BPC for the first half of 2016, Net profit after tax of the period reached 4,732,634 USD Compared with Net profit after tax 4,824,580 USD for 2015, a net decrease in profit of 1.91%.Total assets of the company reached 69,240,230 USD compared with total assets of 69,123,710 USD at the end of year 2015, a net increase of 0.17%.Total liabilities of the company reached 11,658,313 USD compared with total liabilities of 12,604,946 USD at the end of year 2015, a net decrease of 7.51%. Net ownership equity of the company reached 57,581,917 USD (Including Non-Controlling Interests of 360,881 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 1.88%.