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VOIC posts net income of JD0.33 million in Q1 2020

2020-05-13

According to the financial statements of the Vegetable Oil Industries VOIC for the 1st Quarter of 2020, Net profit after tax of the period reached 327,942 JD Compared with Net profit after tax 1,672,030 JD for 2019, a net decrease in profit of 80.39%.Total assets of the company reached 48,621,853 JD compared with total assets of 51,018,946 JD at the end of year 2019, a net decrease of 4.70%.Total liabilities of the company reached 12,216,568 JD compared with total liabilities of 12,292,681 JD at the end of year 2019, a net decrease of 0.61%. Net ownership equity of the company reached 36,405,285 JD compared with total owner equity of 38,726,265 JD at the end of year 2019, a net decrease of 5.99%.