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VOIC posts net income of JD4.58 million in 9M 2016


According to the financial statements of the Vegetables Oil Industries Company VOIC for the first nine months of 2016, Net profit after tax of the period reached 4,579,779 JD Compared with Net profit after tax 4,301,516 JD for 2015, a net increase in profit of 6.47%.Total assets of the company reached 27,149,345 JD compared with total assets of 24,913,944 JD at the end of year 2015, a net increase of 8.97%.Total liabilities of the company reached 1,830,743 JD compared with total liabilities of 1,636,087 JD at the end of year 2015, a net increase of 11.89%. Net ownership equity of the company reached 25,318,602 JD compared with total owner equity of 23,277,857 JD at the end of year 2015, a net increase of 8.77%.


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