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TRUST records net income of $1.63 million in 9M 2021


According to the financial statements of Trust International Insurance Company TRUST for the first nine months of 2021, Net profit after tax of the period reached 1,631,036 USD Compared with Net profit after tax 2,122,924 USD for 2020, a net decrease in profit of 23.17%.Total assets of the company reached 213,241,803 USD compared with total assets of 204,527,160 USD at the end of year 2020, a net increase of 4.26%.Total liabilities of the company reached 154,342,847 USD compared with total liabilities of 143,611,756 USD at the end of year 2020, a net increase of 7.47%. Net ownership equity of the company reached 58,898,956 USD (Including Non-Controlling Interests of 8,346,947 USD) compared with total owner equity of 60,915,404 USD (Including Non-Controlling Interests of 8,120,359 USD) at the end of year 2020, a net decrease of 3.31%.



Al-Quds Index in a narrow range with the approaching end of 2022

The PEX records average PE of 12.4x and average P/BV of 1.51x in 9M 2022



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