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BPC posts net income of $0.90 million in Q1 2021

2021-06-01

According to the financial statements of Birzeit Pharmaceuticals BPC for the 1st Quarter of 2021, Net profit after tax of the period reached 901,395 USD Compared with Net profit after tax 989,458 USD for 2020, a net decrease in profit of 8.90%.Total assets of the company reached 100,904,692 USD compared with total assets of 99,059,921 USD at the end of year 2020, a net increase of 1.86%.Total liabilities of the company reached 20,264,062 USD compared with total liabilities of 19,328,883 USD at the end of year 2020, a net increase of 4.83%. Net ownership equity of the company reached 80,640,630 USD (Including Non-Controlling Interests of 849,945 USD) compared with total owner equity of 79,731,038 USD (Including Non-Controlling Interests of 856,517 USD) at the end of year 2020, a net increase of 1.14%.