BILLION-DOLLAR VISION

The positive financial success across all its subsidiaries has led APIC to set a greater vision for growth. APIC aims to achieve $1 billion in gross revenues within ten years.

The impetus for such vision coincides with the beginning of a new era, moving from establishing the foundations to gaining momentum on initial investments.

Although it is not easy, requiring an annual growth rate of 16 percent for the next ten years, the $1 billion vision is a clear, compelling and inspiring organizational goal, one that APIC believes it can meet.

The $1 billion dollar strategy is not just a goal, it is also a process that will strengthen the company’s fundamentals. For instance, during the latest business reviews and internal audits, a clear weakness in information technology (IT) among all the subsidiaries was identified. With the recent acquisition of Ultimit, a company specialized in state-of-the-art tailored business IT solutions, steps are being taken to rectify the weakness in the group’s IT capabilities while simultaneously develop a new, viable business line.

As a parent company to a growing family of businesses, APIC intends to achieve the $1 billion vision by promoting synergy among its subsidiaries while establishing the essential conditions for the success of each company and the group as a whole.