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UCI posts net income of $0.15 million in Q1 2014

2014-04-29

According to Union Construction and Investment Company UCI data for the first three months of the year, net profit before taxes reached 148,071 USD, compared with a net loss of (118,329) USD from the first three months of 2013. Total assets of the company reached 41,437,029 USD as of March 31^st, 2014, compared to total assets of 41,183,319 USD as of December 31^st, 2013, a net increase of 0.6%. Total liabilities of the company reached 1,669,676 USD as of March 31^st, 2014, compared to total liabilities of 1,524,037 USD as of December 31^st, 2013, a net increase of 9.6%. Net ownership equity of the company reached 39,767,353 USD (including 145,562 USD in Non-controlling interest) as of March 31^st, 2014, compared with a net ownership equity of 39,659,282 USD (including 156,557 USD in Non-controlling interest) as of December 31^st, 2013, a net increase of 0.3% in the first three months.