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GUI posts net income of $1.29 million in 2024

2025-02-18

According to the financial statements of Global United Insurance Company GUI for the year 2024, Net profit after tax of the period reached 1,287,834 USD Compared with Net profit after tax 1,886,071 USD for 2023, a net decrease in profit of 31.72%.Total assets of the company reached 46,338,685 USD compared with total assets of 63,030,100 USD at the end of year 2023, a net decrease of 26.48%.Total liabilities of the company reached 22,379,541 USD compared with total liabilities of 39,778,913 USD at the end of year 2023, a net decrease of 43.74%. Net ownership equity of the company reached 23,959,144 USD (Including Non-Controlling Interests of 227,869 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 increase of 3.04%.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%