APIC achieved net profits after tax of USD 9.43 million by the third quarter of 2016

APIC’s financial results by the third quarter of 2016, show the following:

  • Net profits after tax amounted to USD 9.43 million by the third quarter of 2016, a growth of 5.5% compared to the third quarter of 2015. Net profits attributed to APIC’s shareholders amounted to USD6.56 million by the third quarter of 2016, a growth of 29.4% compared to the third quarter of 2015.
  • Total revenues amounted to USD439.86 million, a growth of 10.6% compared to the third quarter of 2015.
  • Total assets amounted to USD327.44 million as at September 30, 2016 an increase of 17.6% over 2015 closing.
  • Net equity (attributed to APIC shareholders) amounted to USD84.84 million as at September 30, 2016, an increase of 4% over 2015 closing. (APIC distributed USD3 million in cash dividends during 2016).