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GMC posts net income of JD0.17 million in H1 2014

2014-08-17

According to Golden Wheat Mills Company GMC’s data for the first six months of the year, net profit after taxes reached 173,051 JOD, compared with a net profit after taxes of 532,722 JOD from the first six months of 2013, a net decrease of 67.5%. Total assets of the company reached 19,507,703 JOD as of June 30^th, 2014, compared to total assets of 18,652,417 JOD as of December 31^st, 2013, a net increase of 4.6%. Total liabilities of the company reached 3,353,121 JOD as of June 30^th, 2014, compared to total liabilities of 2,635,463 JOD as of December 31^st, 2013, a net increase of 27.2%. Net ownership equity of the company reached 16,154,582 JOD (including (24,500) JOD in Non-controlling interest) as of June 30^th, 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 0.9% in the last six months.