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GUI posts net income of $0.76 million in Q1 2022

2022-05-15

According to the financial statements of Global United Insurance Company for the 1st Quarter of 2022, Net profit after tax of the period reached 760,517 USD Compared with Net profit after tax 634,209 USD for 2021, a net increase in profit of 19.92%.Total assets of the company reached 80,210,743 USD compared with total assets of 76,139,241 USD at the end of year 2021, a net increase of 5.35%.Total liabilities of the company reached 58,063,767 USD compared with total liabilities of 53,643,978 USD at the end of year 2021, a net increase of 8.23%. Net ownership equity of the company reached 22,146,976 USD (Including Non-Controlling Interests of 140,410 USD) compared with total owner equity of 22,495,263 USD (Including Non-Controlling Interests of 138,540 USD) at the end of year 2021, a net decrease of 1.55%.