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GUI posts net income of $0.62 million in H1 2024

2024-09-12

According to the financial statements of Global United Insurance Company GUI for the first half of 2024, Net profit after tax of the period reached 624,589 USD Compared with Net profit after tax 973,569 USD for 2023, a net decrease in profit of 35.85%.Total assets of the company reached 61,912,809 USD compared with total assets of 63,030,100 USD at the end of year 2023, a net decrease of 1.77%.Total liabilities of the company reached 38,757,753 USD compared with total liabilities of 39,778,913 USD at the end of year 2023, a net decrease of 2.56%. Net ownership equity of the company reached 23,155,056 USD (Including Non-Controlling Interests of 172,862 USD) compared with total owner equity of 23,251,187 USD (Including Non-Controlling Interests of 167,401 USD) at the end of year 2023, a net decrease of 0.41%.Noting that paid-in capital increased from 11,088,000 USD in year 2023 to 12,000,000 USD of this year,a net increase of 8.23%.