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NIC posts net income of $1.09 million in Q1 2021

2021-06-01

According to the financial statements of the National Insurance NIC for the 1st Quarter of 2021, Net profit after tax of the period reached 1,094,856 USD Compared with Net profit after tax 1,177,289 USD for 2020, a net decrease in profit of 7.00%.Total assets of the company reached 137,584,244 USD compared with total assets of 134,147,918 USD at the end of year 2020, a net increase of 2.56%.Total liabilities of the company reached 89,578,912 USD compared with total liabilities of 87,186,238 USD at the end of year 2020, a net increase of 2.74%. Net ownership equity of the company reached 48,005,332 USD (Including Non-Controlling Interests of 1,717,583 USD) compared with total owner equity of 46,961,680 USD (Including Non-Controlling Interests of 1,715,624 USD) at the end of year 2020, a net increase of 2.22%.