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VOIC records net income of JD1.25 million in Q1 2021

2021-05-31

According to the financial statements of the Vegetable Oil Industries Company VOIC for the 1st Quarter of 2021, Net profit after tax of the period reached 1,248,627 JD Compared with Net profit after tax 327,942 JD for 2020, a net increase in profit of 280.75%.Total assets of the company reached 49,322,860 JD compared with total assets of 49,691,000 JD at the end of year 2020, a net decrease of 0.74%.Total liabilities of the company reached 9,710,978 JD compared with total liabilities of 9,272,964 JD at the end of year 2020, a net increase of 4.72%. Net ownership equity of the company reached 39,611,882 JD compared with total owner equity of 40,418,036 JD at the end of year 2020, a net decrease of 1.99%.