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NCI posts net income of $0.16 million at the end of 2017

2018-02-18

According to the financial statements of  the National Carton Industry NCI for the year 2017, Net profit after tax of the period reached 157,729 USD Compared with Net profit after tax 303,454 USD for 2016, a net decrease in profit of 48.02%.Total assets of the company reached 7,351,264 USD compared with total assets of 6,796,805 USD at the end of year 2016, a net increase of 8.16%.Total liabilities of the company reached 1,368,629 USD compared with total liabilities of 1,150,867 USD at the end of year 2016, a net increase of 18.92%. Net ownership equity of the company reached 5,982,635 USD compared with total owner equity of 5,645,938 USD at the end of year 2016, a net increase of 5.96%.