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BPC posts net income of $9.23 million in 9M 2021

2021-11-01

According to the financial statements of Birzeit Pharmaceuticals BPC for the first nine months of 2021, Net profit after tax of the period reached 9,233,157 USD Compared with Net profit after tax 6,005,421 USD for 2020, a net increase in profit of 53.75%.Total assets of the company reached 110,536,026 USD compared with total assets of 99,059,921 USD at the end of year 2020, a net increase of 11.59%.Total liabilities of the company reached 21,117,124 USD compared with total liabilities of 19,328,883 USD at the end of year 2020, a net increase of 9.25%. Net ownership equity of the company reached 89,418,902 USD (Including Non-Controlling Interests of 869,876 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 12.15%.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%.