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VOIC posts net income of JD12.53 million in 2021

2022-02-09

According to the financial statements of the Vegetable Oil Industries VOIC for the year 2021, Net profit after tax of the period reached 12,529,360 JD Compared with Net profit after tax 6,203,171 JD for 2020, a net increase in profit of 101.98%.Total assets of the company reached 82,777,135 JD compared with total assets of 49,513,715 JD at the end of year 2020, a net increase of 67.18%.Total liabilities of the company reached 25,301,715 JD compared with total liabilities of 9,095,679 JD at the end of year 2020, a net increase of 178.17%. Net ownership equity of the company reached 57,475,420 JD compared with total owner equity of 40,418,036 JD at the end of year 2020, a net increase of 42.20%.