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UCI posts net income of $0.49 million at the end of 2014

2015-02-11

According to Union Construction and Investment Company UCI’s consolidated data for year-end preliminary financial statements for year 2014, net profit after tax reached 488,342 USD, compared with a net profit after tax of 353,318 USD in the audited data for 2013, a net increase of 38.2%. Total assets of the company reached 42,547,395 USD as of December 31^st, 2014, compared to total assets of 41,183,319 USD as of December 31^st, 2013, a net increase of 3.3%. Total liabilities of the company reached 2,439,771 USD as of December 31^st, 2014, compared to total liabilities of 1,524,037 USD as of December 31^st, 2013, a net increase of 60.1%. Net ownership equity of the company reached 40,107,624 USD (including 95,614 USD in Non-controlling interest) as of December 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 1.1%.