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BPC reports net income of $5.60 million in the first half of 2018

2018-08-13

According to the financial statements of Birzeit Pharmaceuticals BPC for the first half of 2018, Net profit after tax of the period reached 5,604,492 USD Compared with Net profit after tax 6,021,887 USD for 2017, a net decrease in profit of 6.93%.Total assets of the company reached 87,900,870 USD compared with total assets of 80,644,765 USD at the end of year 2017, a net increase of 9.00%.Total liabilities of the company reached 18,057,769 USD compared with total liabilities of 12,133,373 USD at the end of year 2017, a net increase of 48.82%. Net ownership equity of the company reached 69,843,101 USD (Including Non-Controlling Interests of 587,966 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 1.94%.Noting that paid-in capital increased from 18,502,825 USD in year 2017 to 19,002,401 USD of this year,a net increase of 2.70%

 


 

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