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BPC records net income of $7.40 million in 9M 2016

2016-10-26

According to the financial statements of Birzeit Pharmaceuticals Company BPC for the first nine months of 2016, Net profit after tax of the period reached 7,398,255 USD Compared with Net profit after tax 5,456,899 USD for 2015, a net increase in profit of 35.58%.Total assets of the company reached 73,727,378 USD compared with total assets of 69,123,710 USD at the end of year 2015, a net increase of 6.66%.Total liabilities of the company reached 13,174,723 USD compared with total liabilities of 12,604,946 USD at the end of year 2015, a net increase of 4.52%. Net ownership equity of the company reached 60,552,655 USD (Including Non-Controlling Interests of 387,432 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 7.14%.