APIC achieved net profit after tax of USD12.41 million in 2015

APIC’s preliminary annual financial results 2015 (unaudited) show the following:

  • Net profit after tax grew by 9.4% compared with 2014, amounting to USD12.41 million in 2015 of which net profit attributed to APIC’s shareholders amounted to USD7.16 million.
  • Total revenues amounted to USD542.18 million, a growth of 1.12% compared to 2014.
  • Total assets amounted to USD279.31 million as at December 31, 2015, an increase of 11.32% over 2014 closing.
  • Net equity (attributed to APIC ‘s shareholders) amounted to USD81.63 million as at December 31, 2015, an increase of 5.07% over 2014 closing.

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