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GUI posts net income of $0.77 million in Q1 2020

2020-05-18

According to the financial statements of Global United Insurance GUI for the 1st Quarter of 2020, Net profit after tax of the period reached 765,856 USD Compared with Net profit after tax 951,818 USD for 2019, a net decrease in profit of 19.54%.Total assets of the company reached 70,905,118 USD compared with total assets of 73,019,780 USD at the end of year 2019, a net decrease of 2.90%.Total liabilities of the company reached 52,408,800 USD compared with total liabilities of 55,289,318 USD at the end of year 2019, a net decrease of 5.20%. Net ownership equity of the company reached 18,496,318 USD (Including Non-Controlling Interests of 144,367 USD) compared with total owner equity of 17,730,462 USD (Including Non-Controlling Interests of 139,391 USD) at the end of year 2019, a net increase of 4.32%.