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NIC reports net income of $1.55 million in 2015

2016-02-16

According to the financial statements of the National Insurance Company NIC for the year 2015, Net profit after tax of the period reached 1,553,948 USD Compared with Net profit after tax 2,641,147 USD for 2014, a net decrease in profit of 41.16%.Total assets of the company reached 74,887,224 USD compared with total assets of 73,244,670 USD at the end of year 2014, a net increase of 2.24%.Total liabilities of the company reached 47,824,889 USD compared with total liabilities of 45,502,411 USD at the end of year 2014, a net increase of 5.10%. Net ownership equity of the company reached 27,062,335 USD (Including Non-Controlling Interests of 1,652,920 USD) compared with total owner equity of 27,742,259 USD (Including Non-Controlling Interests of 1,678,228 USD) at the end of year 2014, a net decrease of 2.45%.