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Arab Palestinian Investment Company (APIC)

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APIC
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APIC posts net income of $19.05 million in 2023

2024-03-17

According to financial statements for year 2023, Net profit after tax of the period reached 19,046,735 USD Compared with Net profit after tax 30,551,700 USD for 2022, a net decrease in profit of 37.66%.Total assets of the company reached 792,092,617 USD compared with total assets of 742,629,628 USD at the end of year 2022, a net increase of 6.66%.Total liabilities of the company reached 579,462,450 USD compared with total liabilities of 525,507,472 USD at the end of year 2022, a net increase of 10.26%. Net ownership equity of the company reached 212,630,167 USD (Including Non-Controlling Interests of 29,652,771 USD) compared with total owner equity of 217,122,156 USD (Including Non-Controlling Interests of 31,236,060 USD) at the end of year 2022, a net decrease of 2.07%.Noting that paid-in capital increased from 112,000,000 USD in year 2022 to 117,000,000 USD of this year,a net increase of 4.46%.

 


 
View News for year

2024-03-26
APIC recommends distributing 6.838% stocks dividends for the year 2023

2024-03-17
APIC posts net income of $19.05 million in 2023

 

 
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