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Golden Wheat Mills earns pretax income of JD0.66 million in Q1 2011

2011-04-12

Golden Wheat Mills GMC disclosed its financial results for the first quarter of this year, where they indicated a pretax income of JD 661,635 compared to a pretax income of JD 237,143 in the first quarter of 2010. Total assets reached JD19,555,591 on 31/03/2011 compared to JD19,528,258 as of 31/12/2010. Total Liabilities amounted at JD2,365,457 on 31/03/2011 after they reached JD2,950,136 on 31/12/2010. Total shareholders’ equity settled at JD17,214,634 ( minority interests of JD24,500) at the end of the first quarter of 2011 compared to JD16,602,622 (minority interests of JD24,500) at the end of 2010.