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MIC posts net income of $1.16 million in H1 2020

2020-08-31

According to financial statements for first half of 2020, Net profit after tax of the period reached 1,164,803 USD Compared with Net profit after tax 735,058 USD for 2019, a net increase in profit of 58.46%.Total assets of the company reached 63,257,242 USD compared with total assets of 60,625,143 USD at the end of year 2019, a net increase of 4.34%.Total liabilities of the company reached 47,043,783 USD compared with total liabilities of 45,567,778 USD at the end of year 2019, a net increase of 3.23%. Net ownership equity of the company reached 16,213,459 USD (Including Non-Controlling Interests of 5,688,430 USD) compared with total owner equity of 15,057,365 USD (Including Non-Controlling Interests of 5,665,382 USD) at the end of year 2019, a net increase of 7.68%.