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GMC realizes net loss of JD0.42 million in 9M 2015

2015-11-01

According to the financial statements of the Golden Wheat Mills GMC for the first nine months of 2015, Net Loss after tax of the period reached (416,515) JD Compared with Net profit after tax 85,822 JD for 2014.Total assets of the company reached 20,629,514 JD compared with total assets of 18,229,604 JD at the end of year 2014, a net increase of 13.16%.Total liabilities of the company reached 4,897,275 JD compared with total liabilities of 2,057,824 JD at the end of year 2014, a net increase of 137.98%. Net ownership equity of the company reached 15,732,239 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 16,171,780 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2014, a net decrease of 2.72%.