APIC profits for Q3 rise 35%

Mubasher: Arab Palestinian Investment Company (APIC) posted on Monday a rise of 34.6% in its profits for the third quarter of fiscal 2016 to $3.15 million, compared to $2.35 million for Q3-15.

Net profit for the first nine months of 2016 grew by 5.5% to $9.43 million from $8.95 million for the same period of 2015, according to a bourse filing.

The company earlier reported a net profit of $9.43 million for the first half of 2016, 4.9% up from $8.94 million for H1-15.

Mubasher Contribution Time: 31-Oct-2016 11:57 (GMT)
Mubasher Last Update Time: 31-Oct-2016 11:59 (GMT)