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GUI posts net income of $0.62 million in 9M 2016

2016-11-02

According to the financial statements of Global United Insurance Company GUI for the first nine months of 2016, Net profit after tax of the period reached 625,212 USD Compared with Net profit after tax 561,396 USD for 2015, a net increase in profit of 11.37%.Total assets of the company reached 45,982,285 USD compared with total assets of 47,263,859 USD at the end of year 2015, a net decrease of 2.71%.Total liabilities of the company reached 32,968,013 USD compared with total liabilities of 34,474,799 USD at the end of year 2015, a net decrease of 4.37%. Net ownership equity of the company reached 13,014,272 USD (Including Non-Controlling Interests of 90,732 USD) compared with total owner equity of 12,789,060 USD (Including Non-Controlling Interests of 114,669 USD) at the end of year 2015, a net increase of 1.76%.