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UCI reports net income of $0.97 million at the end of 2016


According to the financial statements of Union Construction and Investment Company UCI for year 2016, Net profit after tax of the period reached 970,035 USD Compared with Net profit after tax 164,640 USD for 2015, a net increase in profit of 489.19%.Total assets of the company reached 44,030,990 USD compared with total assets of 41,876,594 USD at the end of year 2015, a net increase of 5.14%.Total liabilities of the company reached 4,978,998 USD compared with total liabilities of 1,877,431 USD at the end of year 2015, a net increase of 165.20%. Net ownership equity of the company reached 39,051,992 USD (Including Non-Controlling Interests of 27,277 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 2.37%.


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