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BPC reports net income of $4.20 million in H1 2014

2014-08-14

According to Birzeit Pharmaceuticals Company BPC’s data for the first six months of the year, net profit after taxes reached 4,202,834 USD, compared with a net profit after taxes of 2,979,329 USD from the first six months of 2013, a net increase of 41.1%. Total assets of the company reached 67,484,460 USD as of June 30^th, 2014, compared to total assets of 64,753,100 USD as of December 31^st, 2013, a net increase of 4.2%. Total liabilities of the company reached 13,930,733 USD as of June 30^th, 2014, compared to total liabilities of 12,828,330 USD as of December 31^st, 2013, a net increase of 8.6%. Net ownership equity of the company reached 53,553,727 USD (including 248,553 USD in Non-controlling interest) as of June 30^th, 2014, compared with a net ownership equity of 51,924,770 USD (including 199,413 USD in Non-controlling interest) as of December 31^st, 2013, a net increase of 3.1% in the last six months.