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National Insurance (NIC) earns a pretax income of $2.47 million in the third quarter of 2010


National Insurance (NIC) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a pretax income of $ 2.47 million comparing to $ 4.04 million in the third quarter of 2009. The company’s assets reached $65.07 million at the end 30/09/2010 after they reached $61.23 million on 31/12/2009. Total liabilities reached $47.37 million at the end of the third quarter of 2010 comparing to $43.97 million as of 31/12/2009. Shareholders’ equity reached $ 17.70 million (minority interests of $1.24 million) on 30/09/2010 after they reached $ 17.26 million (minority interests of $1.20 million) at the end of 2009. Noting that the company’s paid up capital rose from $8.00 million as of 31/12/2009 to $10.00 million on 30/09/2010.


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