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VOIC posts net income of JD3.39 million in H1 2017

2017-08-07

According to the financial statements of The Vegetable Oil Industries VOIC for the first half of 2017, Net profit after tax of the period reached 3,386,538 JD Compared with Net profit after tax 2,587,956 JD for 2016, a net increase in profit of 30.86%.Total assets of the company reached 42,394,040 JD compared with total assets of 27,974,241 JD at the end of year 2016, a net increase of 51.55%.Total liabilities of the company reached 16,017,788 JD compared with total liabilities of 1,624,553 JD at the end of year 2016, a net increase of 885.98%. Net ownership equity of the company reached 26,376,252 JD compared with total owner equity of 26,349,688 JD at the end of year 2016, a net increase of 0.10%.