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BPC posts net income of $5.77 million in H1 2021

2021-08-15

According to the financial statements of Birzeit Pharmaceuticals Company BPC for the first half of 2021, Net profit after tax of the period reached 5,772,600 USD Compared with Net profit after tax 3,623,682 USD for 2020, a net increase in profit of 59.30%.Total assets of the company reached 108,734,554 USD compared with total assets of 99,059,921 USD at the end of year 2020, a net increase of 9.77%.Total liabilities of the company reached 23,151,381 USD compared with total liabilities of 19,328,883 USD at the end of year 2020, a net increase of 19.77%. Net ownership equity of the company reached 85,583,173 USD (Including Non-Controlling Interests of 847,167 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 7.34%.Noting that paid-in capital increased from 19,002,401 USD in year 2020 to 19,382,449 USD of this year,a net increase of 2.00%.