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APIC posts net income of $8.14 million in 2024

2025-02-13

According to the financial statements of the Arab Palestinian Investment Company APIC for the year 2024, Net profit after tax of the period reached 8,139,243 USD Compared with Net profit after tax 19,033,700 USD for 2023, a net decrease in profit of 57.24%.Total assets of the company reached 841,895,301 USD compared with total assets of 797,870,595 USD at the end of year 2023, a net increase of 5.52%.Total liabilities of the company reached 613,615,077 USD compared with total liabilities of 584,701,876 USD at the end of year 2023, a net increase of 4.94%. Net ownership equity of the company reached 228,280,224 USD (Including Non-Controlling Interests of 39,538,993 USD) compared with total owner equity of 213,168,719 USD (Including Non-Controlling Interests of 28,873,217 USD) at the end of year 2023, a net increase of 7.09%.Noting that paid-in capital increased from 117,000,000 USD in year 2023 to 125,000,000 USD of this year,a net increase of 6.84%