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Birzeit Pharmaceuticals earns a pretax income of JD 0.90 million in the first quarter of 2010

2010-04-29

Birzeit Pharmaceuticals Company (BPC) disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated a pretax income of JD 903,252 comparing to a pretax income of JD 1,614,222 in the first quarter of 2009. The company’s assets reached JD 34,148,620 at the end 31/03/2010 after they reached JD 34,729,506 on 31/12/2009. Total liabilities reached JD 4,459,348 at the end of the first quarter of 2010 comparing to JD 5,901,574 as of 31/12/2009. Shareholders’ equity reached JD 29,689,272 on 31/03/2010 after they reached JD 28,827,932 at the end of 2009. It should be mentioned that the financial results of the first quarter of 2010 are consolidated while the comparing period’s results are not.