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TRUST posts net income of $1.18 million in Q1 2020

2020-05-18

According to the financial statements of Trust International Insurance TRUST for the 1st Quarter of 2020, Net profit after tax of the period reached 1,179,549 USD Compared with Net profit after tax 2,725,109 USD for 2019, a net decrease in profit of 56.72%.Total assets of the company reached 185,291,806 USD compared with total assets of 185,987,614 USD at the end of year 2019, a net decrease of 0.37%.Total liabilities of the company reached 129,890,552 USD compared with total liabilities of 129,813,771 USD at the end of year 2019, a net increase of 0.05%. Net ownership equity of the company reached 55,401,254 USD (Including Non-Controlling Interests of 7,398,643 USD) compared with total owner equity of 56,173,843 USD (Including Non-Controlling Interests of 7,148,566 USD) at the end of year 2019, a net decrease of 1.38%.