Unico American Corporation Reports Second Quarter 2019 Financial Results

CALABASAS, Calif.--(BUSINESS WIRE)--Unico American Corporation (NASDAQ: UNAM) (“Unico,” the “Company”) announced today its consolidated financial results for the three and six months ended June 30, 2019. For the three months ended June 30, 2019, net loss was $276,677 ($0.05 diluted loss per share) compared to net income of $168,297 ($0.03 diluted income per share) for the three months ended June 30, 2018. For the six months ended June 30, 2019, net loss was $947,751 ($0.18 diluted loss per share) compared to net loss of $2,038,955 ($0.38 diluted loss per share) for the six months ended June 30, 2018. Book value per share was $10.72 and $10.54 at June 30, 2019, and December 31, 2018, respectively.