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VOIC reports net income of JD5.88 million in 9M 2018

2018-11-04

According to the financial statements of the Vegetable Oil Industries VOIC for the first nine months of 2018, Net profit after tax of the period reached 5,880,479 JD Compared with Net profit after tax 5,503,064 JD for 2017, a net increase in profit of 6.86%.Total assets of the company reached 50,134,178 JD compared with total assets of 46,194,643 JD at the end of year 2017, a net increase of 8.53%.Total liabilities of the company reached 15,546,665 JD compared with total liabilities of 15,471,911 JD at the end of year 2017, a net increase of 0.48%. Net ownership equity of the company reached 34,587,513 JD compared with total owner equity of 30,722,732 JD at the end of year 2017, a net increase of 12.58%.