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GUI reports net income of $1.57 million in 2019

2020-02-17

According to the financial statements of Global United Insurance Company GUI for the year 2019, Net profit after tax of the period reached 1,565,685 USD Compared with Net profit after tax 2,760,610 USD for 2018, a net decrease in profit of 43.28%.Total assets of the company reached 72,649,303 USD compared with total assets of 71,210,673 USD at the end of year 2018, a net increase of 2.02%.Total liabilities of the company reached 54,373,185 USD compared with total liabilities of 53,657,338 USD at the end of year 2018, a net increase of 1.33%. Net ownership equity of the company reached 18,276,118 USD (Including Non-Controlling Interests of 139,391 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 4.12%.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%.