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VOIC records net income of JD2.58 million in H1 2016


According to The Vegetable Oil Industries financial statements for first half of 2016, Net profit after tax of the period reached 2,587,956 JD Compared with Net profit after tax 2,485,331 JD for 2015, a net increase in profit of 4.13%.Total assets of the company reached 25,836,501 JD compared with total assets of 24,913,944 JD at the end of year 2015, a net increase of 3.70%.Total liabilities of the company reached 2,514,189 JD compared with total liabilities of 1,636,087 JD at the end of year 2015, a net increase of 53.67%. Net ownership equity of the company reached 23,322,312 JD compared with total owner equity of 23,277,857 JD at the end of year 2015, a net increase of 0.19%.


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