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BPC reports net income of $0.99 million in Q1 2020

2020-05-13

According to the financial statements of Birzeit Pharmaceuticals BPC for the 1st Quarter of 2020, Net profit after tax of the period reached 989,458 USD Compared with Net profit after tax 1,958,699 USD for 2019, a net decrease in profit of 49.48%.Total assets of the company reached 96,165,470 USD compared with total assets of 98,128,192 USD at the end of year 2019, a net decrease of 2.00%.Total liabilities of the company reached 17,128,316 USD compared with total liabilities of 19,424,482 USD at the end of year 2019, a net decrease of 11.82%. Net ownership equity of the company reached 79,037,154 USD (Including Non-Controlling Interests of 627,468 USD) compared with total owner equity of 78,703,710 USD (Including Non-Controlling Interests of 611,647 USD) at the end of year 2019, a net increase of 0.42%.