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GUI reports net income of $0.41 million in Q1 2015

2015-05-04

According to Global United Insurance GUI’s consolidated data for the first three months of the year, net profit after taxes reached 406,547 USD, compared with a net profit after taxes of 334,901 USD from the first three months of 2014, a net increase of 21.4%. Total assets of the company reached 40,430,167 USD as of March 31^st, 2015, compared to total assets of 43,200,209 USD as of December 31^st, 2014, a net decrease of 6.4%. Total liabilities of the company reached 28,635,534 USD as of March 31^st, 2015, compared to total liabilities of 31,812,123 USD as of December 31^st, 2014, a net decrease of 10.0%. Net ownership equity of the company reached 11,794,633 USD (including 95,410 USD in Non-controlling interest) as of March 31^st, 2015, compared with a net ownership equity of 11,388,086 USD (including 98,353 USD in Non-controlling interest)  as of December 31^st, 2014, a net increase of  3.6% in the first three months.