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GMC posts net income of JD0.16 million at the end of 2014

2015-02-16

According to Golden Wheat Mills Company GMC’s consolidated data for year-end preliminary financial statements for year 2014, net profit after tax reached 163,681 JOD, compared with a net profit after tax of 214,946 JOD in the audited data for 2013, a net decrease of 23.9%. Total assets of the company reached 18,229,603 JOD as of December 31st, 2014, compared to total assets of 18,652,417 JOD as of December 31st, 2013, a net decrease of 2.3%. Total liabilities of the company reached 2,057,823 JOD as of December 31st, 2014, compared to total liabilities of 2,635,463 JOD as of December 31st, 2013, a net decrease of 21.9%. Net ownership equity of the company reached 16,171,780 JOD (including (-24,500) JOD in Non-controlling interest) as of December 31st, 2014, compared with a net ownership equity of 16,016,954 JOD (including (-24,500) JOD in Non-controlling interest) as of December 31st, 2013, a net increase of 1.0%.


 

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