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Union Construction and Investment Company realizes loss of $0.12 million in Q1 2013

2013-05-01

According to Union Construction and Investment Company ( UCI)’s data for the first three months of the year, net loss reached (118,329) USD, compared with a net profit before tax of 501,981 USD from the first three months of 2012. Total assets of the company reached 41,040,815 USD as of March 31st, 2013, compared to total assets of 41,338,392 USD as of December 31st, 2012, a net decrease of 0.7%. Total liabilities of the company reached 1,407,805 USD as of March 31st, 2013, compared to total liabilities of 1,587,053 USD as of December 31st, 2012, a net decrease of 11.3%. Net ownership equity of the company reached 39,633,010 USD (including 147,154 USD in Non-controlling interest) as of March 31st, 2013, compared with net ownership equity of 39,751,339 USD (including 153,033 USD in Non-controlling interest) as of December 31st, 2012, a net decrease of 0.3% in the first three months.

 


 

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