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UCI records net income of $0.68 million at the end of 2017


According to the financial statements of Union Construction and Investment UCI for the year 2017, Net profit after tax of the period reached 680,309 USD Compared with Net profit after tax 970,035 USD for 2016, a net decrease in profit of 29.87%.Total assets of the company reached 49,258,526 USD compared with total assets of 44,033,226 USD at the end of year 2016, a net increase of 11.87%.Total liabilities of the company reached 10,883,620 USD compared with total liabilities of 4,981,413 USD at the end of year 2016, a net increase of 118.48%. Net ownership equity of the company reached 38,374,906 USD (Including Non-Controlling Interests of 23,026 USD) compared with total owner equity of 39,051,813 USD (Including Non-Controlling Interests of 27,277 USD) at the end of year 2016, a net decrease of 1.73%.



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