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Global United Insurance earns a pretax income of $1.03 million in Q1 2013

2013-04-29

According to company consolidated data for the first three months of the year, net profit before tax reached 1,033,576 USD. Total assets of the company reached 32,583,250 USD as of March 31^st, 2013, compared to total assets of 29,788,304 USD as of December 31^st, 2012, a net increase of 9.4%. Total liabilities of the company reached 23,395,401 USD as of March 31^st, 2013, compared to total liabilities of 20,997,531 USD as of December 31^st, 2012, a net increase of 11.4%. Net ownership equity of the company reached 9,187,849 USD as of March 31^st, 2013, compared with a net ownership equity of 8,790,773 USD as of December 31^st, 2012, a net increase of 4.5% in the first three months. Furthermore, paid-in capital increased from 5,500,000 USD on December 31^st, 2012 to 6,187,500 USD  March 31^st, 2013, an increase of 12.5%.