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VOIC posts net income of JD5.44 million in 9M 2019

2019-10-31

According to the financial statements of the Vegetable Oil Industries Company VOIC for the first nine months of 2019, Net profit after tax of the period reached 5,440,444 JD Compared with Net profit after tax 5,880,479 JD for 2018, a net decrease in profit of 7.48%.Total assets of the company reached 50,601,788 JD compared with total assets of 49,652,755 JD at the end of year 2018, a net increase of 1.91%.Total liabilities of the company reached 13,992,831 JD compared with total liabilities of 15,727,555 JD at the end of year 2018, a net decrease of 11.02%. Net ownership equity of the company reached 36,608,957 JD compared with total owner equity of 33,925,200 JD at the end of year 2018, a net increase of 7.91%.