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VOIC posts net income of JD4.95 million at the end of 2014

2015-02-10

According to The Vegetable Oil Industries Company VOIC’s data for year-end preliminary financial statements for year 2014, net profit after tax reached 4,953,725 JOD, compared with a net profit after tax of 4,835,621 JOD in the audited data for 2013, a net increase of 2.4%. Total assets of the company reached 21,692,241 JOD as of December 31^st, 2014, compared to total assets of 18,521,017 JOD as of December 31^st, 2013, a net increase of 17.1%. Total liabilities of the company reached 1,377,484 JOD as of December 31^st, 2014, compared to total liabilities of 1,127,594 JOD as of December 31^st, 2013, a net increase of 22.2%. Net ownership equity of the company reached 20,314,757 JOD as of December 31^st, 2014, compared with net ownership equity of 17,393,423 JOD as of December 31^st, 2013, a net increase of 16.8%.