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BPC records net income of $2.92 million in Q1 2017

2017-05-02

According to the financial statements of Birzeit Pharmaceuticals BPC for Q1 2017, Net profit after tax of the period reached 2,922,914 USD Compared with Net profit after tax 2,315,266 USD for 2016, a net increase in profit of 26.25%.Total assets of the company reached 76,974,634 USD compared with total assets of 74,062,698 USD at the end of year 2016, a net increase of 3.93%.Total liabilities of the company reached 12,221,857 USD compared with total liabilities of 12,377,723 USD at the end of year 2016, a net decrease of 1.25%. Net ownership equity of the company reached 64,752,777 USD (Including Non-Controlling Interests of 447,948 USD) compared with total owner equity of 61,684,975 USD (Including Non-Controlling Interests of 427,389 USD) at the end of year 2016, a net increase of 4.97%.