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GMC reports net income of JD0.03 million at the end of 2016

2017-02-19

According to the financial statements of the Golden Wheat Mills Company for the year 2016, Net profit after tax of the period reached 27,774 JD Compared with Net Loss after tax (1,194,134) JD for 2015.Total assets of the company reached 20,518,876 JD compared with total assets of 20,041,014 JD at the end of year 2015, a net increase of 2.38%.Total liabilities of the company reached 5,924,911 JD compared with total liabilities of 5,424,344 JD at the end of year 2015, a net increase of 9.22%. Net ownership equity of the company reached 14,593,965 JD (Including None-Controlling Interests of -24,500 JD) compared with total owner equity of 14,616,670 JD (Including None-Controlling Interests of -24,500 JD) at the end of year 2015, a net decrease of 0.16%.