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TRUST posts net income of $1.46 million in Q1 2016

2016-05-03

According to Trust International Insurance financial statements for 1st Quarter of 2016, Net profit after tax of the period reached 1,462,232 USD Compared with Net profit after tax 625,661 USD for 2015, a net increase in profit of 133.71%.Total assets of the company reached 102,682,752 USD compared with total assets of 100,378,666 USD at the end of year 2015, a net increase of 2.30%.Total liabilities of the company reached 61,290,681 USD compared with total liabilities of 61,664,585 USD at the end of year 2015, a net decrease of 0.60%. Net ownership equity of the company reached 41,392,071 USD compared with total owner equity of 38,714,081 USD at the end of year 2015, a net increase of 6.92%.