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GUI reports net income of $0.36 million in Q1 2016

2016-05-03

According to Global United Insurance financial statements for 1st Quarter of 2016, Net profit after tax of the period reached 361,554 USD Compared with Net profit after tax 406,547 USD for 2015, a net decrease in profit of 11.07%.Total assets of the company reached 44,849,293 USD compared with total assets of 47,263,859 USD at the end of year 2015, a net decrease of 5.11%.Total liabilities of the company reached 31,698,679 USD compared with total liabilities of 34,474,799 USD at the end of year 2015, a net decrease of 8.05%. Net ownership equity of the company reached 13,150,614 USD (Including None-Controlling Interests of 106,725 USD) compared with total owner equity of 12,789,060 USD (Including None-Controlling Interests of 114,669 USD) at the end of year 2015, a net increase of 2.83%.