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APIC realizes net loss of $1.34 million in Q1 2025

2025-05-18

According to the financial statements of the Arab Palestinian Investment Company APIC for the 1st Quarter of 2025, Net Loss after tax of the period reached (1,343,970) USD Compared with Net profit after tax 1,223,198 USD for 2024.Total assets of the company reached 905,074,080 USD compared with total assets of 844,947,414 USD at the end of year 2024, a net increase of 7.12%.Total liabilities of the company reached 646,512,717 USD compared with total liabilities of 615,056,523 USD at the end of year 2024, a net increase of 5.11%. Net ownership equity of the company reached 258,561,363 USD (Including Non-Controlling Interests of 40,211,369 USD) compared with total owner equity of 229,890,891 USD (Including Non-Controlling Interests of 41,168,940 USD) at the end of year 2024, a net increase of 12.47%.Noting that paid-in capital increased from 125,000,000 USD in year 2024 to 155,000,000 USD of this year,a net increase of 24.00%.