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BPC records net income of $8.35 million in 9M 2017

2017-10-25

According to the financial statements of Birzeit Pharmaceuticals BPC for the first nine months of 2017, Net profit after tax of the period reached 8,348,350 USD Compared with Net profit after tax 7,398,255 USD for 2016, a net increase in profit of 12.84%.Total assets of the company reached 80,036,727 USD compared with total assets of 74,062,698 USD at the end of year 2016, a net increase of 8.07%.Total liabilities of the company reached 13,859,439 USD compared with total liabilities of 12,377,723 USD at the end of year 2016, a net increase of 11.97%. Net ownership equity of the company reached 66,177,288 USD (Including Non-Controlling Interests of 460,483 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 7.28%.