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VOIC reports net income of JD1.67 million in Q1 2019

2019-04-23

According to the financial statements of the Vegetable Oil Industries Company VOIC for the 1st Quarter of 2019, Net profit after tax of the period reached 1,672,030 JD Compared with Net profit after tax 1,763,975 JD for 2018, a net decrease in profit of 5.21%.Total assets of the company reached 50,684,099 JD compared with total assets of 49,652,755 JD at the end of year 2018, a net increase of 2.08%.Total liabilities of the company reached 15,592,107 JD compared with total liabilities of 15,727,555 JD at the end of year 2018, a net decrease of 0.86%. Net ownership equity of the company reached 35,091,992 JD compared with total owner equity of 33,925,200 JD at the end of year 2018, a net increase of 3.44%.