Arab Palestinian Investment Company (APIC) achieved USD 7.1 million net profit in Q3, 2014

Arab Palestinian Investment Company (APIC) announced growth in its results during Q3/2014 as follows:

  • Total revenues grew by 24.9% compared with Q3/2013, amounting to USD 402.5 million.
  •  Net profit (attributed to APIC shareholders) grew by 26.8 % compared with Q3/2013, amounting to 7.1 USD million.
  •  Total assets amounted to USD 250.5 million as at 30 September 2014, an increase of 5.6% over 2013 closing.
  • Net equity (attributed to APIC shareholders) amounted to USD 76.6 million as of 30 September 2014, an increase of 9.3% over 2013 closing.

APIC is a foreign public shareholding company listed on the Palestine Exchange (PEX).

Trading symbol: APIC