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NIC posts net income of $1.28 million in 9M 2022

2022-11-16

According to the financial statements of the National Insurance Company NIC for the first nine months of 2022, Net profit after tax of the period reached 1,283,414 USD Compared with Net profit after tax 1,635,262 USD for 2021, a net decrease in profit of 21.52%.Total assets of the company reached 131,676,317 USD compared with total assets of 139,330,953 USD at the end of year 2021, a net decrease of 5.49%.Total liabilities of the company reached 87,297,432 USD compared with total liabilities of 92,622,354 USD at the end of year 2021, a net decrease of 5.74%. Net ownership equity of the company reached 44,378,885 USD (Including Non-Controlling Interests of 1,797,051 USD) compared with total owner equity of 46,708,599 USD (Including Non-Controlling Interests of 1,760,181 USD) at the end of year 2021, a net decrease of 4.99%.