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VOIC posts JD0.95 million net income in Q1 2016


According to the financial statements of the Vegetable Oil Industries Company VOIC for Q1 2016, Net profit after tax of the period reached 950,007 JD Compared with Net profit after tax 801,917 JD for 2015, a net increase in profit of 18.47%.Total assets of the company reached 25,640,734 JD compared with total assets of 24,913,944 JD at the end of year 2015, a net increase of 2.92%.Total liabilities of the company reached 1,522,812 JD compared with total liabilities of 1,636,087 JD at the end of year 2015, a net decrease of 6.92%. Net ownership equity of the company reached 24,117,922 JD compared with total owner equity of 23,277,857 JD at the end of year 2015, a net increase of 3.61%.


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