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BPC posts net income of $1.96 million in Q1 2019

2019-04-30

According to the financial statements of Birzeit Pharmaceutical Company BPC for the 1st Quarter of 2019, Net profit after tax of the period reached 1,958,699 USD Compared with Net profit after tax 2,584,012 USD for 2018, a net decrease in profit of 24.20%.Total assets of the company reached 90,081,898 USD compared with total assets of 90,158,152 USD at the end of year 2018, a net decrease of 0.08%.Total liabilities of the company reached 15,044,206 USD compared with total liabilities of 17,694,191 USD at the end of year 2018, a net decrease of 14.97%. Net ownership equity of the company reached 75,037,692 USD (Including Non-Controlling Interests of 624,008 USD) compared with total owner equity of 72,463,961 USD (Including Non-Controlling Interests of 585,650 USD) at the end of year 2018, a net increase of 3.55%.