Trust International Insurance Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2017
Trust International Insurance reported unaudited consolidated earnings results for the year ended December 31, 2017. For the period, the company reported earned insurance revenues of USD 91,538,383 against USD 58,823,868 a year ago. Net premium revenue was USD 78,036,872 against USD 50,101,262 a year ago. Net income before tax was USD 7,244,515 against USD 4,743,892 a year ago. Net income after tax was USD 5,435,845 or USD 0.440 per basic and diluted share against USD 3,655,901 or USD 0.350 per basic and diluted share a year ago. Net cash flow from operating activities was USD 9,579,779 against USD 12,756,765 a year ago. Purchase of Property, Plant and equipment was USD 2,384,719 against USD 231,484 a year ago.