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UCI realizes net loss of $0.28 million in Q1 2015

2015-04-28

According to Union Construction and Investment Company UCI’s financial data for the first three months of the year, net loss reached (279,720) USD, compared with a net profit after tax of 148,071 USD from the first three months of 2014. Total assets of the company reached 41,914,487 USD as of March 31st , 2015, compared to total assets of 42,470,060 USD as of December 31st , 2014, a net decrease of 1.3%. Total liabilities of the company reached 2,103,276 USD as of March 31st , 2015, compared to total liabilities of 2,379,129 USD as of December 31st , 2014, a net decrease of 11.6%. Net ownership equity of the company reached 39,811,211 USD (including 79,266 USD in Non-controlling interest) as of March 31st , 2015, compared with a net ownership equity of 40,090,931 USD (including 95,614 USD in Non-controlling interest) as of December 31st , 2014, a net decrease of 0.7% in the first three months.