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NCI posts net income of $0.33 million at the end of 2016


According to financial statements of the National Carton Industry Company NCI for the year 2016, Net profit after tax of the period reached 333,454 USD Compared with Net profit after tax 482,720 USD for 2015, a net decrease in profit of 30.92%.Total assets of the company reached 6,826,805 USD compared with total assets of 6,848,706 USD at the end of year 2015, a net decrease of 0.32%.Total liabilities of the company reached 1,150,867 USD compared with total liabilities of 1,124,218 USD at the end of year 2015, a net increase of 2.37%. Net ownership equity of the company reached 5,675,938 USD compared with total owner equity of 5,724,488 USD at the end of year 2015, a net decrease of 0.85%.


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