/PRNewswire/ Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2021. In his statement,.
/PRNewswire/ Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2021. In his statement,.
RAMALLAH, Palestine, Feb. 13, 2022 /PRNewswire/ Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2021. In his statement
/PRNewswire/ Chairman and CEO of Arab Palestinian Investment Company (APIC) Tarek Aggad announced that the group achieved net profits after tax of USD 21.22.
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RAMALLAH, Palestine, May 6, 2021 /PRNewswire/ Arab Palestinian Investment Company (APIC) held its ordinary general assembly on Wednesday, May 5, 2021, in Ramallah, Palestine. In its meeting, the general assembly ratified dividend distribution for registered shareholders as of May 4, 2021, of 16.65% of APIC s paid-in capital amounting to USD 96.2 million to date, 7.5% as cash dividends amounting to USD 7.215 million and 9.147 % as 8.8 million in bonus shares. Accordingly, APIC s paid-in capital will reach USD 105 million following the bonus share distribution.
Net profit attributed to APIC shareholders grew by 11% in 2020
In his statement, Chairman and CEO of APIC Tarek Aggad spoke of the consequences of the coronavirus pandemic, which caused disruptions to businesses and its consequent negative impact on global economic activity. However, he noted that APIC s management was able to respond rapidly, effectively, and decisively to the challenges of the coronavirus crisis from