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TRUST posts net income of $1.00 million in Q1 2022

2022-05-16

According to the financial statements of Trust International Insurance Company TRUST for the 1st Quarter of 2022, Net profit after tax of the period reached 1,003,097 USD Compared with Net profit after tax 1,290,934 USD for 2021, a net decrease in profit of 22.30%.Total assets of the company reached 228,044,370 USD compared with total assets of 218,249,374 USD at the end of year 2021, a net increase of 4.49%.Total liabilities of the company reached 169,275,749 USD compared with total liabilities of 158,015,267 USD at the end of year 2021, a net increase of 7.12%. Net ownership equity of the company reached 58,768,621 USD (Including Non-Controlling Interests of 8,441,755 USD) compared with total owner equity of 60,234,107 USD (Including Non-Controlling Interests of 8,709,127 USD) at the end of year 2021, a net decrease of 2.43%.