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TRUST posts net income of $3.67 million in 9M 2018

2018-11-04

According to the financial statements of Trust International Insurance TRUST for the first nine months of 2018, Net profit after tax of the period reached 3,666,405 USD Compared with Net profit after tax 3,409,927 USD for 2017, a net increase in profit of 7.52%.Total assets of the company reached 193,954,283 USD compared with total assets of 184,079,499 USD at the end of year 2017, a net increase of 5.36%.Total liabilities of the company reached 134,367,067 USD compared with total liabilities of 124,094,398 USD at the end of year 2017, a net increase of 8.27%. Net ownership equity of the company reached 59,587,216 USD (Including None-Controlling Interests of 6,247,115 USD) compared with total owner equity of 59,985,101 USD (Including None-Controlling Interests of 6,324,775 USD) at the end of year 2017, a net decrease of 0.66%.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%