Arab Palestinian Investment Co 2024 Annual Report with Sustainability Disclosures
Company: Arab Palestinian Investment Co
Sector: Finance & insurance
Country: Jordan
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 56
The report describes APIC's 2024 performance amid severe disruption, reporting revenues of USD 1.12 billion and net profit of USD 8.11 million. The group expanded in Palestine by acquiring a 51% stake in Reema Hygienic Paper Company. It reports approximately USD 1.6 million in support for 70 organizations, equivalent to 20% of net profit, including emergency aid to Gaza. APIC also says its second 2024 group Sustainability Report provides ESG performance detail and adheres to GRI standards.
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