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GMC realizes net loss of JD0.21 million in Q1 2015

2015-04-29

According to Golden Wheat Mills GMC’s data for the first three months of the year, net loss reached (213,994) JOD, compared with a net profit after taxes of 78,666 JOD from the first three months of 2014. Total assets of the company reached 19,184,172 JOD as of March 31^st, 2015, compared to total assets of 18,229,604 JOD as of December 31^st, 2014, a net increase of 5.2%. Total liabilities of the company reached 3,275,093 JOD as of March 31^st, 2015, compared to total liabilities of 2,057,824 JOD as of December 31^st, 2014, a net increase of 59.2%. Net ownership equity of the company reached 15,909,079 JOD (including (-24,500) JOD in Non-controlling interest) as of March 31^st, 2015, compared with a net ownership equity of 16,171,780 JOD (including (-24,500) JOD in Non-controlling interest) as of December 31^st, 2014, a net decrease of 1.6% in the first three months.