Arab Palestinian Investment Company (APIC) achieved a net profit of USD 5.7 million in half one 2014

During the first half of 2014, APIC reported growth in its results for the period as follows:

  • Total revenues grew by 27.9% compared with H1/2013, amounting to USD 250 million.
  • Net profit (attributed to APIC shareholders) grew by 42.5 % compared with H1/2013, amounting to 5.7 USD million.
  •  Total assets amounted to USD 248.8 million as at 30 June 2014, an increase of 5% over 2013 closing.
  • Net equity (attributed to APIC shareholders) amounted to USD 75.2 million as at 30 June 2014, an increase of 7.4% over 2013 closing.