Arab Palestinian Investment Co 2020 Annual Report with Sustainability Disclosures
The report highlights Arab Palestinian Investment Company's (APIC) financial and operational performance for the fiscal year 2020. Despite challenges from the COVID-19 pandemic, the company achieved a 16.12% growth in total revenues, reaching USD 958.21 million, and a 12.77% increase in net profits to USD 24.64 million. APIC doubled its corporate social responsibility budget to USD 3.5 million, dedicating USD 2 million to national COVID-19 response efforts in Palestine and Jordan. On the environmental front, the company expanded its solar photovoltaic installations to a total capacity of 2.4 MW to promote energy independence and reduce emissions.
Company: Arab Palestinian Investment Co
Sector: Finance & insurance
Country: Jordan
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 69
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Arab Palestinian Investment Co
Annual Report
The report highlights Arab Palestinian Investment Company's (APIC) financial and operational performance for the fiscal year 2020. Despite challenges from the COVID-19 pandemic, the company achieved a 16.12% growth in total revenues, reaching USD 958.21 million, and a 12.77% increase in net profits to USD 24.64 million. APIC doubled its corporate social responsibility budget to USD 3.5 million, dedicating USD 2 million to national COVID-19 response efforts in Palestine and Jordan. On the environmental front, the company expanded its solar photovoltaic installations to a total capacity of 2.4 MW to promote energy independence and reduce emissions.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 28, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees