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Union Construction Investment Company (UCI) earns a pretax income of $ 2.82 million in the first half of 2010

2010-08-09

Union Construction Investment Company (UCI) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a pretax income of $ 2.82 million compared to $ 0.91 million in the first half of 2009. The company’s assets reached $ 52.43 million at the end 30/06/2010 after they reached $52.11 million on 31/12/2009. Total liabilities reached $ 3.18 million at the end of the first half of 2010 compared to $ 2.35 million as of 31/12/2009. Shareholders’ equity reached $ 49.24 million (minority of interests $0.28 million) on 30/06/2010 after they reached $ 49.76 million (minority of interests $0.20 million) at the end of 2009.