APIC achieved net profits after tax of USD 4.56 million in the first quarter of 2018

APIC’s financial results in the first quarter of 2018, show the following:

· Total revenues amounted to USD 172.04 million in the first quarter of 2018; a growth of 8.44% versus same period last year.

· Net profit after tax amounted to USD 4.56 million in the first quarter of 2018; a growth of 27.58% versus same period last year. While net profit attributed to APIC’s shareholders amounted to USD 3.16 million a growth of 51.23% versus same period last year.

· Total assets amounted to USD 368.58 million as of March 31, 2018; a growth of 3.38% over 2017 closing.

· Net equity attributed to APIC shareholders amounted to USD 97.32 million as of March 31, 2018; a growth of 3.26% over 2017 closing.