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VOIC reports net income of JD5.61 million at the end of 2016


According to the financial statements of the Vegetables Oil Industries Company VOIC for the year 2016, Net profit after tax of the period reached 5,613,554 JD Compared with Net profit after tax 5,364,433 JD for 2015, a net increase in profit of 4.64%.Total assets of the company reached 27,978,545 JD compared with total assets of 24,913,944 JD at the end of year 2015, a net increase of 12.30%.Total liabilities of the company reached 1,624,553 JD compared with total liabilities of 1,636,087 JD at the end of year 2015, a net decrease of 0.70%. Net ownership equity of the company reached 26,353,992 JD compared with total owner equity of 23,277,857 JD at the end of year 2015, a net increase of 13.21%.


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