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GMC posts net income of JD0.25 million in Q1 2017


According to the financial statements of Golden Wheat Mills GMC for Q1 2017, Net profit after tax of the period reached 251,003 JD Compared with Net profit after tax 64,050 JD for 2016, a net increase in profit of 291.89%.Total assets of the company reached 20,724,588 JD compared with total assets of 20,507,428 JD at the end of year 2016, a net increase of 1.06%.Total liabilities of the company reached 5,863,600 JD compared with total liabilities of 5,913,383 JD at the end of year 2016, a net decrease of 0.84%. Net ownership equity of the company reached 14,860,988 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 14,594,045 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2016, a net increase of 1.83%.


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