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UCI records net income of $0.53 million in 9M 2016


According to the financial statements of Union Construction and Investment Company UCI for the first nine months of 2016, Net profit after tax of the period reached 530,551 USD Compared with Net profit after tax 164,371 USD for 2015, a net increase in profit of 222.78%.Total assets of the company reached 43,484,623 USD compared with total assets of 41,876,594 USD at the end of year 2015, a net increase of 3.84%.Total liabilities of the company reached 4,895,584 USD compared with total liabilities of 1,877,431 USD at the end of year 2015, a net increase of 160.75%. Net ownership equity of the company reached 38,589,039 USD (Including Non-Controlling Interests of 28,415 USD) compared with total owner equity of 39,999,163 USD (Including Non-Controlling Interests of 28,013 USD) at the end of year 2015, a net decrease of 3.53%.




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