SUIC Worldwide Holdings Reports Net Income of $42,376 for the First Quarter of 2023
Revenue of $60,000 Recorded by SUIC Worldwide Holdings in Q1 2023
SUIC Worldwide Holdings Ltd.,(SUIC) a global company specializing in various industries, has released its financial statements for the first quarter ended March 31, 2023. The company reported a net income of $42,376 during this period, reflecting its strong performance and strategic initiatives. The revenue for the quarter amounted to $60,000, indicating the company's ability to generate steady income. This article provides an overview of SUIC Worldwide Holdings' financial performance and key highlights from its consolidated financial statements.
Financial Statements
The financial statements released by SUIC Worldwide Holdings highlight the company's financial position as of March 31, 2023. The balance sheet reveals that the company's total assets amounted to $622,843, indicating growth compared to the previous year-end balance of $573,027. The current assets, including cash, accounts receivable, and short-term investments, stood at $457,316. The non-current assets, comprising fixed assets and other receivables, totaled $165,527.
