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TRUST records net income of $4.04 million in the first half of 2018

2018-08-15

According to the financial statements of Trust International Insurance TRUST for the first half of 2018, Net profit after tax of the period reached 4,036,020 USD Compared with Net profit after tax 2,834,042 USD for 2017, a net increase in profit of 42.41%.Total assets of the company reached 193,518,452 USD compared with total assets of 184,079,499 USD at the end of year 2017, a net increase of 5.13%.Total liabilities of the company reached 132,913,246 USD compared with total liabilities of 124,094,398 USD at the end of year 2017, a net increase of 7.10%. Net ownership equity of the company reached 60,605,206 USD (Including Non-Controlling Interests of 6,332,483 USD) compared with total owner equity of 59,985,101 USD (Including Non-Controlling Interests of 6,324,775 USD) at the end of year 2017, a net increase of 1.03%.Noting that paid-in capital increased from 10,000,000 USD in year 2017 to 15,000,000 USD of this year,a net increase of 50.00%