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BPC posts net income of $7.32 million in 9M 2019

2019-10-22

According to the financial statements of Birzeit Pharmaceuticals BPC for the first nine months of 2019, Net profit after tax of the period reached 7,322,645 USD Compared with Net profit after tax 7,588,710 USD for 2018, a net decrease in profit of 3.51%.Total assets of the company reached 94,917,206 USD compared with total assets of 90,158,152 USD at the end of year 2018, a net increase of 5.28%.Total liabilities of the company reached 18,150,497 USD compared with total liabilities of 17,694,191 USD at the end of year 2018, a net increase of 2.57%. Net ownership equity of the company reached 76,766,709 USD (Including Non-Controlling Interests of 637,084 USD) compared with total owner equity of 72,463,961 USD (Including Non-Controlling Interests of 585,650 USD) at the end of year 2018, a net increase of 5.94%.