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UCI posts net income of $0.57 million in 9M 2014

2014-10-23

According to Union Construction and Investment Company UCI’s consolidated data for the first nine months of the year, net profit after taxes reached 572,307 USD, compared with a net profit after taxes of 297,237 USD from the first nine months of 2013, a net increase of 92.5%. Total assets of the company reached 41,495,841 USD as of September 30^th, 2014, compared to total assets of 41,183,319 USD as of December 31^st, 2013, a net increase of 0.8%. Total liabilities of the company reached 1,304,252 USD as of September 30^th, 2014, compared to total liabilities of 1,524,037 USD as of December 31^st, 2013, a net decrease of 14.4%. Net ownership equity of the company reached 40,191,589 USD (including 125,132 USD in Non-controlling interest) as of September 30^th, 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 1.3% in the first nine months.