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GUI achieves net income of $1.28 million in 9M 2013

2013-11-03

According to Global United Insurance Company ( GUI)’s data for the first nine months of the year, net profit after taxes reached 1,285,623 USD, compared with a net profit after taxes of 1,229,179 USD from the first nine months of 2012, a net increase of 4.6%. Total assets of the company reached 36,751,354 USD as of September 30^th, 2013, compared to total assets of 29,788,304 USD as of December 31^st, 2012, a net increase of 23.4%. Total liabilities of the company reached 27,087,123 USD as of September 30^th, 2013, compared to total liabilities of 20,997,531 USD as of December 31^st, 2012, a net increase of 29.0%. Net ownership equity of the company reached 9,664,231 USD (including 80,335 USD in Non-controlling interest) as of September 30^th, 2013, compared with a net ownership equity of 8,790,773 USD (including 80,000 USD in Non-controlling interest) as of December 31^st, 2012, a net increase of 9.9% in the first nine months. Furthermore, paid-in capital increased from 5,500,000 USD on December 31^st, 2012 to 6,187,500 USD  by September 30^th, 2013, an increase of 12.5%.