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NCI posts net income of $0.23 million in Q1 2014

2014-04-23

According to The National Carton Industry Company ( NCI) data for the first three months of the year, net profit after taxes reached 234,243 USD, compared with a net profit after taxes of 81,036 USD from the first three months of 2013, a net increase of 189.1%. Total assets of the company reached 7,001,628 USD as of March 31^st, 2014, compared to total assets of 6,678,673 USD as of December 31^st, 2013, a net increase of 4.8%. Total liabilities of the company reached 1,129,412 USD as of March 31^st, 2014, compared to total liabilities of 923,114 USD as of December 31^st, 2013, a net increase of 22.3%. Net ownership equity of the company reached 5,872,215 USD as of March 31^st, 2014, compared with a net ownership equity of 5,755,559 USD as of December 31^st, 2013, a net increase of 2.0% in the first three months.