Revenues reach USD 1.069 billion, EBITDA rises 54% to USD 78.8 million, and profits attributable to shareholders increase 417.4% to USD 20.5 million
Ramallah /PNN/
Arab Palestinian Investment Company (APIC) reported strong financial results for the nine months ended 30 September 2026, reflecting significant growth and the resilience of its diversified portfolio amid ongoing geopolitical and economic challenges.
Consolidated revenues increased by 12.3% year-on-year to USD 1.069 billion, while EBITDA rose by 54% to USD 78.8 million. Operating profit reached USD 47.4million, up by 30.6%. Consolidated net profit reached USD 21.3 million, compared with USD 2.6 million in the corresponding period of 2025, representing an increase of 710%. Meanwhile, profit attributable to APIC shareholders increased significantly by 417.4% to USD 20.5 million. Earnings per share also rose by 378.5% and amounted to USD 0.124.
As of 30 September 2026, total assets stood at USD 1.073 billion, representing a 7.3% increase compared with year-end 2025. Total liabilities increased by 7.1% to USD 785.9 million, while equity attributable to APIC shareholders rose by 8% to USD 247.6 million.
Commenting on the results, APIC Chairman and CEO, Mr. Tarek Aggad, said: APIC’s nine-month results reflect the strength of our diversified portfolio and our sustained drive to improve operational efficiency and reinforce financial discipline, despite the challenges facing the local and regional business environment.
In Palestine, the persistent economic recession resulting from the Israeli occupation’s withholding of Palestinian Authority clearance revenues, has constrained the Palestinian government’s ability to pay the full salaries of its employees and meet its financial obligations to the private sector. These conditions have placed considerable pressure on the operating environment and, consequently, on the performance of the Group’s companies. The Palestinian Authority’s direct and indirect outstanding debts to APIC subsidiaries have reached unprecedented levels, amounting to approximately USD 170 million to date with an average annual financing cost of around USD 9.4 million. Aggad added that we will continue to pursue sustainable earnings growth, operational excellence and measuredexpansion across all our business sectors, creating long-term value for our shareholders.
APIC is a public shareholding investment company listed on the Palestine Exchange (PEX: APIC). It holds diversified investments across the manufacturing, trade, distribution and service sectors in Palestine, Jordan, Saudi Arabia, the United Arab Emirates, Iraq and Turkey through its group of subsidiaries: Siniora Food Industries Company; Unipal General Trading Company; Palestine Automobile Company; Medical Supplies and Services Company; National Aluminum and Profiles Company (NAPCO); Reema Hygienic Paper Company; Sky Advertising and Promotion Company; Arab Leasing Company and Arab Palestinian Storage and Cooling Company. The company also peruses investment and geographic diversification beyond Palestine and across regional and global markets through its investment arm APIC Capital, which manages a portfolio combining direct stakes in private and publicly listed companies alongside investments in a select group of leading private equity and venture capital funds. APIC employs over 3,400 staff through its group of subsidiaries. For more information, visit https://apic.ps/
