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VOIC posts net income of JD7.12 million in 9M 2022

2022-11-10

According to the financial statements of the Vegetable Oil Industries Company VOIC for the first nine months of 2022, Net profit after tax of the period reached 7,118,103 JD Compared with Net profit after tax 9,294,672 JD for 2021, a net decrease in profit of 23.42%.Total assets of the company reached 77,393,177 JD compared with total assets of 82,366,046 JD at the end of year 2021, a net decrease of 6.04%.Total liabilities of the company reached 21,735,575 JD compared with total liabilities of 25,331,449 JD at the end of year 2021, a net decrease of 14.19%. Net ownership equity of the company reached 55,657,602 JD compared with total owner equity of 57,034,597 JD at the end of year 2021, a net decrease of 2.41%.