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APIC reports net income of JD4.55 million in Q1 2018

2018-04-30

According to the financial statements of Arab Palestinian Investment APIC for the quarter of 2018, Net profit after tax of the period reached 4,555,452 USD Compared with Net profit after tax 3,570,619 USD for 2017, a net increase in profit of 27.58%.Total assets of the company reached 368,583,789 USD compared with total assets of 356,524,649 USD at the end of year 2017, a net increase of 3.38%.Total liabilities of the company reached 238,243,566 USD compared with total liabilities of 227,629,977 USD at the end of year 2017, a net increase of 4.66%. Net ownership equity of the company reached 130,340,223 USD (Including Non-Controlling Interests of 33,017,194 USD) compared with total owner equity of 128,894,672 USD (Including Non-Controlling Interests of 34,644,606 USD) at the end of year 2017, a net increase of 1.12%.