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NIC acheives a net profit of $ 3.48 million in 9M 2013

2013-10-27

According to National Insurance company data for the first nine months of the year, net profit after taxes reached 3,479,744 USD, compared with a net profit after taxes of 3,380,640 USD from the first nine months of 2012, a net increase of 2.9%. Total assets of the company reached 78,608,750 USD as of September 30th, 2013, compared to total assets of 73,432,305 USD as of December 31st, 2012, a net increase of 7.0%. Total liabilities of the company reached 52,068,934 USD as of September 30th, 2013, compared to total liabilities of 48,498,357 USD as of December 31st, 2012, a net increase of 7.4%. Net ownership equity of the company reached 26,539,816 USD (including 1,610,003 USD in Minority Rights) as of September 30th, 2013, compared with a net ownership equity of 24,933,948 USD (including 1,402,952 USD in Minority Rights) as of December 31st, 2012, a net increase of 6.4% in the first nine months.