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VOIC posts net income of JD3.76 million in H1 2023

2023-08-15

According to the financial statements of the Vegetable Oil Industries Company VOIC for the first half of 2023, Net profit after tax of the period reached 3,756,598 JD Compared with Net profit after tax 4,258,839 JD for 2022, a net decrease in profit of 11.79%.Total assets of the company reached 79,188,284 JD compared with total assets of 77,667,984 JD at the end of year 2022, a net increase of 1.96%.Total liabilities of the company reached 17,507,700 JD compared with total liabilities of 19,162,434 JD at the end of year 2022, a net decrease of 8.63%. Net ownership equity of the company reached 61,680,584 JD compared with total owner equity of 58,505,550 JD at the end of year 2022, a net increase of 5.43%.