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AIG posts net income of $1.21 million in 2019

2020-02-17

According to the financial statements of Ahliea Insurance Group AIG for the year 2019, Net profit after tax of the period reached 1,205,847 USD Compared with Net profit after tax 2,122,596 USD for 2018, a net decrease in profit of 43.19%.Total assets of the company reached 67,656,692 USD compared with total assets of 64,085,188 USD at the end of year 2018, a net increase of 5.57%.Total liabilities of the company reached 43,343,386 USD compared with total liabilities of 41,879,043 USD at the end of year 2018, a net increase of 3.49%. Net ownership equity of the company reached 24,313,306 USD compared with total owner equity of 22,206,145 USD at the end of year 2018, a net increase of 9.49%.Noting that paid-in capital increased from 10,000,000 USD in year 2018 to 13,500,000 USD of this year,a net increase of 35.00%.