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GMC realizes net loss of JD0.18 million in H1 2016

2016-08-24

According to the financial statements of the Golden Wheat Mills Company GMC for the first half of 2016, Net Loss after tax of the period reached (176,182) JD Compared with Net Loss after tax (818) JD for 2015, a net increase in loss of 21438.14%.Total assets of the company reached 22,403,337 JD compared with total assets of 20,041,014 JD at the end of year 2015, a net increase of 11.79%.Total liabilities of the company reached 8,008,900 JD compared with total liabilities of 5,424,344 JD at the end of year 2015, a net increase of 47.64%. Net ownership equity of the company reached 14,394,437 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 14,616,670 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2015, a net decrease of 1.52%.