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NCI posts net income of $0.12 million in Q1 2016


According to the financial statements of the National Carton Industry Company NCI for Q1 2016, Net profit after tax of the period reached 117,110 USD Compared with Net profit after tax 153,109 USD for 2015, a net decrease in profit of 23.51%.Total assets of the company reached 7,029,543 USD compared with total assets of 6,848,706 USD at the end of year 2015, a net increase of 2.64%.Total liabilities of the company reached 1,040,598 USD compared with total liabilities of 1,124,218 USD at the end of year 2015, a net decrease of 7.43%. Net ownership equity of the company reached 5,988,945 USD compared with total owner equity of 5,724,488 USD at the end of year 2015, a net increase of 4.62%.


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