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BPC posts net income of $7.57 million at the end of 2016

2017-02-15

According to the financial statements of Birzeit Pharmaceutical Company BPC for the year 2016, Net profit after tax of the period reached 7,568,179 USD Compared with Net profit after tax 4,932,566 USD for 2015, a net increase in profit of 53.43%.Total assets of the company reached 74,062,698 USD compared with total assets of 69,123,710 USD at the end of year 2015, a net increase of 7.15%.Total liabilities of the company reached 12,377,723 USD compared with total liabilities of 12,604,946 USD at the end of year 2015, a net decrease of 1.80%. Net ownership equity of the company reached 61,684,975 USD (Including Non-Controlling Interests of 380,424 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 9.14%.