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GUI posts net income of $0.60 million at the end of 2016

2017-02-15

According to the  statements of Global United Insurance Company GUI for the year 2016, Net profit after tax of the period reached 602,085 USD Compared with Net profit after tax 720,281 USD for 2015, a net decrease in profit of 16.41%.Total assets of the company reached 48,050,638 USD compared with total assets of 47,263,859 USD at the end of year 2015, a net increase of 1.66%.Total liabilities of the company reached 35,117,553 USD compared with total liabilities of 34,474,799 USD at the end of year 2015, a net increase of 1.86%. Net ownership equity of the company reached 12,933,085 USD (Including Non-Controlling Interests of 20,725 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 1.13%.