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BPC records net income of $2.58 million in Q1 2018

2018-04-26

According to financial statements of Birzeit Pharmaceuticals BPC for the first quarter of 2018, Net profit after tax of the period reached 2,584,012 USD Compared with Net profit after tax 2,922,914 USD for 2017, a net decrease in profit of 11.59%.Total assets of the company reached 85,599,188 USD compared with total assets of 80,644,765 USD at the end of year 2017, a net increase of 6.14%.Total liabilities of the company reached 14,507,622 USD compared with total liabilities of 12,133,373 USD at the end of year 2017, a net increase of 19.56%. Net ownership equity of the company reached 71,091,566 USD (Including Non-Controlling Interests of 563,118 USD) compared with total owner equity of 68,511,392 USD (Including Non-Controlling Interests of 521,788 USD) at the end of year 2017, a net increase of 3.77%.