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BPC posts net income of $12.17 million in 2021

2022-02-15

According to the financial statements of Birzeit Pharmaceuticals Company BPC for the year 2021, Net profit after tax of the period reached 12,166,341 USD Compared with Net profit after tax 7,375,483 USD for 2020, a net increase in profit of 64.96%.Total assets of the company reached 111,975,465 USD compared with total assets of 99,059,921 USD at the end of year 2020, a net increase of 13.04%.Total liabilities of the company reached 19,181,029 USD compared with total liabilities of 19,328,883 USD at the end of year 2020, a net decrease of 0.76%. Net ownership equity of the company reached 92,794,436 USD (Including Non-Controlling Interests of 929,602 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 16.38%.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%.