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NIC records net income of $1.36 million in H1 2014

2014-08-14

According to the National Insurance Company NIC’s data for the first six months of the year, net profit after taxes reached 1,364,483 USD, compared with a net profit after taxes of 2,043,547 USD from the first six months of 2013, a net decrease of 33.2%. Total assets of the company reached 79,551,574 USD as of June 30^th, 2014, compared to total assets of 79,639,849 USD as of December 31^st, 2013, a net decrease of 0.1%. Total liabilities of the company reached 52,058,691 USD as of June 30^th, 2014, compared to total liabilities of 50,982,019 USD as of December 31^st, 2013, a net increase of 2.1%. Net ownership equity of the company reached 27,492,883 USD (including 1,689,756 USD in Non-controlling interest) as of June 30^th, 2014, compared with a net ownership equity of 28,657,830 USD (including 1,632,167 USD in Non-controlling interest) as of December 31^st, 2013, a net decrease of 4.1% in the last six months.