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GMC records net income of JD0.08 million in Q1 2014

2014-04-28

According to Golden Wheat Mills company data for the first three months of the year, net profit after taxes reached 78,666 JOD, compared with a net profit after taxes of 240,726 JOD from the first three months of 2013, a net decrease of 67.3%. Total assets of the company reached 19,288,212 JOD as of March 31^st, 2014, compared to total assets of 18,652,417 JOD as of December 31^st, 2013, a net increase of 3.4%. Total liabilities of the company reached 3,206,760 JOD as of March 31^st, 2014, compared to total liabilities of 2,635,463 JOD as of December 31^st, 2013, a net increase of 21.7%. Net ownership equity of the company reached 16,081,452 JOD (including (-24,500) JOD in Non-controlling interest) as of March 31^st, 2014, compared with a net ownership equity of 16,016,954 JOD (including (-24,500) JOD in Non-controlling interest) as of December 31^st, 2013, a net increase of 0.4% in the first three months.