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VOIC reports net income of JD5.50 million in 9M 2017

2017-10-25

According to the financial statements of The Vegetable Oil Industries VOIC for the first nine months of 2017, Net profit after tax of the period reached 5,503,064 JD Compared with Net profit after tax 4,579,779 JD for 2016, a net increase in profit of 20.16%.Total assets of the company reached 43,182,868 JD compared with total assets of 27,974,241 JD at the end of year 2016, a net increase of 54.37%.Total liabilities of the company reached 15,551,092 JD compared with total liabilities of 1,624,553 JD at the end of year 2016, a net increase of 857.25%. Net ownership equity of the company reached 27,631,776 JD compared with total owner equity of 26,349,688 JD at the end of year 2016, a net increase of 4.87%.