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GUI records net income of $3.73 million at the end of 2018


According to the financial statements of Global United Insurance GUI for the year 2018, Net profit after tax of the period reached 3,729,675 USD Compared with Net profit after tax 2,898,440 USD for 2017, a net increase in profit of 28.68%.Total assets of the company reached 71,188,565 USD compared with total assets of 65,614,740 USD at the end of year 2017, a net increase of 8.49%.Total liabilities of the company reached 52,666,165 USD compared with total liabilities of 50,025,315 USD at the end of year 2017, a net increase of 5.27%. Net ownership equity of the company reached 18,522,400 USD (Including Non-Controlling Interests of 88,427 USD) compared with total owner equity of 15,589,425 USD (Including Non-Controlling Interests of 86,282 USD) at the end of year 2017, a net increase of 18.81%.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%



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