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VOIC posts net income of JD6.70 million at the end of 2019

2020-02-12

According to the financial statements of the Vegetable Oil Industries Company VOIC for the  year 2019, Net profit after tax of the period reached 6,700,417 JD Compared with Net profit after tax 6,384,343 JD for 2018, a net increase in profit of 4.95%.Total assets of the company reached 51,062,813 JD compared with total assets of 49,652,755 JD at the end of year 2018, a net increase of 2.84%.Total liabilities of the company reached 12,295,776 JD compared with total liabilities of 15,727,555 JD at the end of year 2018, a net decrease of 21.82%. Net ownership equity of the company reached 38,767,037 JD compared with total owner equity of 33,925,200 JD at the end of year 2018, a net increase of 14.27%.