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GUI reports net income of $1.02 million in H1 2019

2019-08-07

According to the financial statements of Global United Insurance Company for the first half of 2019, Net profit after tax of the period reached 1,019,150 USD Compared with Net profit after tax 998,379 USD for 2018, a net increase in profit of 2.08%.Total assets of the company reached 72,544,060 USD compared with total assets of 71,210,673 USD at the end of year 2018, a net increase of 1.87%.Total liabilities of the company reached 54,931,575 USD compared with total liabilities of 53,657,338 USD at the end of year 2018, a net increase of 2.37%. Net ownership equity of the company reached 17,612,485 USD (Including Non-Controlling Interests of 101,332 USD) compared with total owner equity of 17,553,335 USD (Including Non-Controlling Interests of 88,427 USD) at the end of year 2018, a net increase of 0.34%.Noting that paid-in capital increased from 9,600,000 USD in year 2018 to 10,560,000 USD of this year,a net increase of 10.00%