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NCI posts net income of $0.80 million in 2020


According to the financial statements of the National Carton Industry NCI for the year 2020, Net profit after tax of the period reached 804,308 USD Compared with Net profit after tax 285,234 USD for 2019, a net increase in profit of 181.98%.Total assets of the company reached 9,254,777 USD compared with total assets of 8,521,227 USD at the end of year 2019, a net increase of 8.61%.Total liabilities of the company reached 2,352,080 USD compared with total liabilities of 2,803,507 USD at the end of year 2019, a net decrease of 16.10%. Net ownership equity of the company reached 6,902,697 USD compared with total owner equity of 5,717,720 USD at the end of year 2019, a net increase of 20.72%.



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