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VOIC reports net income of JD3.21 million in H1 2019

2019-08-18

According to the financial statements of the Vegetable Oil Industries VOIC for the first half of 2019, Net profit after tax of the period reached 3,214,845 JD Compared with Net profit after tax 3,594,180 JD for 2018, a net decrease in profit of 10.55%.Total assets of the company reached 48,909,795 JD compared with total assets of 49,652,755 JD at the end of year 2018, a net decrease of 1.50%.Total liabilities of the company reached 13,802,441 JD compared with total liabilities of 15,727,555 JD at the end of year 2018, a net decrease of 12.24%. Net ownership equity of the company reached 35,107,354 JD compared with total owner equity of 33,925,200 JD at the end of year 2018, a net increase of 3.48%.