APIC achieves a net profit of USD 8 million in 2014

APIC’s preliminary Annual results 2014 (un-audited) indicated the following:

  • Total revenues grew by 22.7% compared with 2013, amounting to USD 545.4 million.
  • Net profit (attributed to APIC shareholders) grew by 1.3 % compared with 2013, amounting to USD 8 million.
  • Total assets amounted to USD 252.1 million as at December 31, 2014, an increase of 6.3% over 2013 closing.
  • Net equity (attributed to APIC shareholders) amounted to USD 77.5 million as at December 31, 2014, an increase of 10.9% over 2013 closing.

APIC is a foreign public Shareholding company that is listed on Palestine Exchange (PEX:APIC)