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

May 1, 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.