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UCI posts net income of $0.69 million in 9M 2019

2019-11-06

According to the financial statements of Union Construction and Investment Company UCI for the first nine months of 2019, Net profit after tax of the period reached 693,348 USD Compared with Net profit after tax 1,411,444 USD for 2018, a net decrease in profit of 50.88%.Total assets of the company reached 57,519,625 USD compared with total assets of 49,343,781 USD at the end of year 2018, a net increase of 16.57%.Total liabilities of the company reached 17,867,995 USD compared with total liabilities of 8,322,007 USD at the end of year 2018, a net increase of 114.70%. Net ownership equity of the company reached 39,651,630 USD compared with total owner equity of 41,021,774 USD at the end of year 2018 (Including Non-Controlling Interests of 20,089 USD), a net decrease of 3.34%.