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The Vegetable Oil Industries Co. Ltd (Palestine)

Main Activities: Starch and Vegetable Fats and Oils Manufacturing
Full name: The Vegetable Oil Industries Co. Ltd Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Vegetable Oil Industries Co. Ltd. (VOIC) is a Public Shareholding Company located in the eastern industrial area of Nablus. It was established in 1953 and covers a land area of 10 acres. In 1961, under the supervision of Zweifer, a Dutch company, VOIC modernized its machinery and trained Palestinian labors and technicians in the Netherlands. This helped localize production and adopt international standards. In 1985, the company began refining and filling edible vegetable oils after purchasing modern machinery. VOIC produces two categories of high-quality products: Vegetable Ghee and Shortening, and Liquid Vegetable Oils. The production of Ghee and Oils follows HACCP and ISO 9002-2000 standards. VOIC employs approximately 75 workers.

Headquarters
Eastern Industrial Zone, P.O Box 95
Nablus; West Bank;

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Website: http://www.voic.ps

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1953
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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33.83%
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32.77%
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7.65%
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5.8%
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3.33%
Subsidiaries
Palestine Plastic Industries Co. Ltd
5.32%
The National Carton Industry P.L.C
3.46%
Company Performance
Financial values in the chart are available after The Vegetable Oil Industries Co. Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net sales revenue
-9.62%
Total operating revenue
-23.35%
Operating profit (EBIT)
-24.78%
EBITDA
-24.24%
Net Profit (Loss) for the Period
-17.28%
Total assets
-6.12%
Total equity
-0.81%
Operating Profit Margin (ROS)
-16.08%
Net Profit Margin
-7.47%
Return on Equity (ROE)
-1.01%
Debt to Equity Ratio
-7.93%
Quick Ratio
0.02%
Cash Ratio
0.05%

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