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VOIC achieves JD6.54 million net income at the end of 2018

2019-02-13

According to the financial statements of the Vegetable Oil Industries Company VOIC for the year 2018, Net profit after tax of the period reached 6,538,671 JD Compared with Net profit after tax 6,838,226 JD for 2017, a net decrease in profit of 4.38%.Total assets of the company reached 49,936,428 JD compared with total assets of 46,194,643 JD at the end of year 2017, a net increase of 8.10%.Total liabilities of the company reached 15,725,055 JD compared with total liabilities of 15,471,911 JD at the end of year 2017, a net increase of 1.63%. Net ownership equity of the company reached 34,211,373 JD compared with total owner equity of 30,722,732 JD at the end of year 2017, a net increase of 11.36%.