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NCI posts net income of $0.31 million at the end of 2014

2015-02-15

According to The National Carton Industry Company NCI’s data for year-end preliminary financial statements for year 2014, net profit after tax reached 314,664 USD, compared with a net profit after tax of 458,561 USD in the audited data for 2013, a net decrease of 31.4%. Total assets of the company reached 6,639,000 USD as of December 31st , 2014, compared to total assets of 6,517,525 USD as of December 31st, 2013, a net increase of 1.9%. Total liabilities of the company reached 1,008,932 USD as of December 31st, 2014, compared to total liabilities of 761,966 USD as of December 31st, 2013, a net increase of 32.4%. Net ownership equity of the company reached 5,630,068 USD as of December 31st , 2014, compared with a net ownership equity of 5,755,559 USD as of December 31st , 2013, a net decrease of 2.2%.