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Union Construction & Investment Company earns a pretax income of $99 thousands in the first quarter of 2010

2010-04-21

Union Construction & Investment Company (UCI) disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated a pretax income of $ 99,149 comparing to $ 61,362 in the first quarter of 2009. The company’s assets reached $ 51,554,971 at the end 31/03/2010 after they reached $ 52,112,479 on 31/12/2009. Total liabilities reached $ 4,913,455 at the end of the first quarter of 2010 comparing to $ 2,352,366 as of 31/12/2009. Shareholders’ equity reached $46,641,516 (minority interests of $164,384) on 31/03/2010 after they reached $49,760,113 (minority interests of $196,890) at the end of 2009.