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GUI records net income of $2.96 million in 9M 2018

2018-11-15

According to the financial statements of Global United Insurance GUI for the first nine months of 2018, Net profit after tax of the period reached 2,966,442 USD Compared with Net profit after tax 804,526 USD for 2017, a net increase in profit of 268.72%.Total assets of the company reached 73,020,285 USD compared with total assets of 65,614,740 USD at the end of year 2017, a net increase of 11.29%.Total liabilities of the company reached 55,261,118 USD compared with total liabilities of 50,025,315 USD at the end of year 2017, a net increase of 10.46%. Net ownership equity of the company reached 17,759,167 USD (Including None-Controlling Interests of 90,131 USD) compared with total owner equity of 15,589,425 USD (Including None-Controlling Interests of 86,282 USD) at the end of year 2017, a net increase of 13.92%.Noting that paid-in capital increased from 8,000,000 USD in year 2017 to 9,600,000 USD of this year,a net increase of 20.00%