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VOIC records net income of JD4.83 million in 2013

2014-02-11

According to The Vegetable Oil Industries Co. data for year-end preliminary financial statements for year 2013, net profit after taxes reached 4,829,494 JOD, compared with a net profit after taxes of 2,674,307 JOD in the audited data for 2012, a net increase of 80.6%. Total assets of the company reached 18,514,890 JOD as of December 31st, 2013, compared to total assets of 14,489,255 JOD as of December 31st, 2012, a net increase of 27.8%. Total liabilities of the company reached 1,127,594 JOD as of December 31st, 2013, compared to total liabilities of 847,996 JOD as of December 31st, 2012, a net increase of 33.0%. Net ownership equity of the company reached 17,387,296 JOD as of December 31st, 2013, compared with a net ownership equity of 13,641,259 JOD as of December 31st, 2012, a net increase of 27.5%.