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VOIC records JD3.94 million net income in 9M 2014

2014-10-21

According to The Vegetable Oil Industries Company’s data for the first nine months of the year, net profit after taxes reached 3,944,094 JOD, compared with a net profit after taxes of 3,726,770 JOD from the first nine months of 2013, a net increase of 5.8%. Total assets of the company reached 20,525,658 JOD as of September 30^th, 2014, compared to total assets of 18,521,017 JOD as of December 31^st, 2013, a net increase of 10.8%. Total liabilities of the company reached 1,198,294 JOD as of September 30^th, 2014, compared to total liabilities of 1,127,594 JOD as of December 31^st, 2013, a net increase of 6.3%. Net ownership equity of the company reached 19,327,364 JOD as of September 30^th, 2014, compared with a net ownership equity of 17,393,423 JOD as of December 31^st, 2013, a net increase of 11.1% in the first nine months.