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GMC achieves net income of $0.63 million in 9M 2013

2013-10-31

 According to Golden Wheat Mills Company ( GMC)’s data for the first nine months of the year, net profit after taxes reached 627,717 JOD, compared with a net loss of (91,034) JOD from the first nine months of 2012. Total assets of the company reached 19,570,253 JOD as of September 30^th, 2013, compared to total assets of 19,657,244 JOD as of December 31^st, 2012, a net decrease of 0.4%. Total liabilities of the company reached 3,210,489 JOD as of September 30^th, 2013, compared to total liabilities of 3,162,799 JOD as of December 31^st, 2012, a net increase of 1.5%. Net ownership equity of the company reached 16,359,764 JOD (including (24,500) JOD in Non-controlling interest) as of September 30^th, 2013, compared with a net ownership equity of 16,494,445 JOD (including (24,500) JOD in Non-controlling interest) as of December 31^st, 2012, a net decrease of 0.8% in the first nine months.