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VOIC posts net income of JD1.03 million in Q1 2014

2014-04-09

According to The Vegetable Oil Industries Company VOIC data for the first three months of the year, net profit after taxes reached 1,031,233 JOD, compared with a net profit after taxes of 579,526 JOD from the first three months of 2013, a net increase of 77.9%. Total assets of the company reached 19,783,627 JOD as of March 31^st, 2014, compared to total assets of 18,521,017 JOD as of December 31^st, 2013, a net increase of 6.8%. Total liabilities of the company reached 1,207,638 JOD as of March 31^st, 2014, compared to total liabilities of 1,127,594 JOD as of December 31^st, 2013, a net increase of 7.1%. Net ownership equity of the company reached 18,575,989 JOD as of March 31^st, 2014, compared with a net ownership equity of 17,393,423 JOD as of December 31^st, 2013, a net increase of 6.8% in the first three months.