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BPC records net income of $10.28 million at the end of 2017

2018-02-18

According to the financial statements of Birzeit Pharmaceuticals for the year 2017, Net profit after tax of the period reached 10,284,193 USD Compared with Net profit after tax 7,568,179 USD for 2016, a net increase in profit of 35.89%.Total assets of the company reached 78,643,784 USD compared with total assets of 74,062,698 USD at the end of year 2016, a net increase of 6.19%.Total liabilities of the company reached 10,864,268 USD compared with total liabilities of 12,377,723 USD at the end of year 2016, a net decrease of 12.22%. Net ownership equity of the company reached 67,779,516 USD (Including Non-Controlling Interests of 521,788 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 9.88%.