Arab Palestinian Investment Co 2021 Annual Report with Sustainability Disclosures
The report highlights Arab Palestinian Investment Company's (APIC) outstanding financial and operational performance in 2021, with total revenues exceeding USD 1.1 billion, representing a 19.4% growth compared to 2020. The group's net profits increased by 54% to reach USD 38 million, and its market capitalization grew by 30% year-on-year. APIC and its subsidiaries invested USD 2.55 million in corporate social responsibility, representing 6.7% of the group's net profit, supporting over 70 charitable and humanitarian institutions. On the environmental front, the company expanded its solar photovoltaic systems to a total capacity of 2.5 MW and continued upgrading its fleet to eco-friendly hybrid cars.
Company: Arab Palestinian Investment Co
Sector: Finance & insurance
Country: Jordan
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 73
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Arab Palestinian Investment Co
Annual Report
The report highlights Arab Palestinian Investment Company's (APIC) outstanding financial and operational performance in 2021, with total revenues exceeding USD 1.1 billion, representing a 19.4% growth compared to 2020. The group's net profits increased by 54% to reach USD 38 million, and its market capitalization grew by 30% year-on-year. APIC and its subsidiaries invested USD 2.55 million in corporate social responsibility, representing 6.7% of the group's net profit, supporting over 70 charitable and humanitarian institutions. On the environmental front, the company expanded its solar photovoltaic systems to a total capacity of 2.5 MW and continued upgrading its fleet to eco-friendly hybrid cars.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 30, 2022
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