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BPC posts net income of $3.07 million in Q1 2022

2022-05-15

According to the financial statements of Birzeit Pharmaceuticals Company BPC for the 1st Quarter of 2022, Net profit after tax of the period reached 3,074,920 USD Compared with Net profit after tax 901,395 USD for 2021, a net increase in profit of 241.13%.Total assets of the company reached 115,724,853 USD compared with total assets of 111,975,465 USD at the end of year 2021, a net increase of 3.35%.Total liabilities of the company reached 19,623,363 USD compared with total liabilities of 19,181,029 USD at the end of year 2021, a net increase of 2.30%. Net ownership equity of the company reached 96,101,490 USD (Including Non-Controlling Interests of 939,502 USD) compared with total owner equity of 92,794,436 USD (Including Non-Controlling Interests of 929,602 USD) at the end of year 2021, a net increase of 3.56%.