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APIC total revenues rise 24.9% in Q3

APIC total revenues rise 24.9% in Q3
APIC
APIC
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Arab Palestinian Investment Company (APIC) has announced the second issue of its "Investor Brief" on APIC's share and financial periodical performance.

APIC reported a growth in its total revenues by 24.9% to $402.5 million during the third quarter of 2014 (Q3-14), compared to figures in Q3-13. Net profit, attributed to APIC shareholders, rose by 26.8 % compared to Q3-13, reaching $7.1 million.

APIC’s total assets stood at $250.5 million as at September 30, 2014, an increase of 5.6% over 2013 closing. Net equity, attributed to APIC shareholders, amounted to $76.6 million as at September 30, 2014, gaining 9.3% over 2013 closing.