APIC H1 2026 Results Strong Growth
Analysis based on 6 articles · First reported Aug 16, 2026 · Last updated Aug 16, 2026
APIC's strong H1 2026 results, with significant profit growth, are likely to positively influence investor sentiment and support the company's stock price on the Palestine Exchange. However, ongoing challenges from Palestine — Palestinian Authority debts and IAS 29 losses in Turkey may temper the positive impact.
The Arab Palestinian Investment Company (APIC) announced its consolidated financial results for the first half of 2026, reporting strong operational performance and significant growth. Revenues reached USD 688.2 million, up 15% year-over-year. EBITDA increased by 55% to USD 44 million, and operating profits rose 53% to USD 31 million. Consolidated net profit was approximately USD 5.5 million, while net profit attributable to shareholders surged 1866% to USD 6.6 million, with earnings per share of USD 0.040, up 1806%. Total assets stood at USD 1.05 billion, up 4.7% from year-end 2025. Chairman and CEO Tarek Aggad attributed the results to the resilience of APIC's business model despite economic challenges, including the Palestine — Palestinian Authority's withholding of clearance revenues, which has led to outstanding debts of approximately USD 174 million owed to APIC subsidiaries. Additionally, APIC incurred non-cash losses of about USD 5 million in Turkey due to IAS 29 application. APIC is listed on the Palestine Exchange and operates through subsidiaries across Palestine, Jordan, Saudi Arabia, UAE, Iraq, and Turkey.
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