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VOIC posts net income of JD1.56 million in Q1 2023

2023-05-16

According to the financial statements of the Vegetable Oil Industries VOIC for the 1st Quarter of 2023, Net profit after tax of the period reached 1,555,588 JD Compared with Net profit after tax 1,917,988 JD for 2022, a net decrease in profit of 18.89%.Total assets of the company reached 78,504,817 JD compared with total assets of 77,667,984 JD at the end of year 2022, a net increase of 1.08%.Total liabilities of the company reached 19,144,256 JD compared with total liabilities of 19,162,434 JD at the end of year 2022, a net decrease of 0.09%. Net ownership equity of the company reached 59,360,561 JD compared with total owner equity of 58,505,550 JD at the end of year 2022, a net increase of 1.46%.