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GMC posted net income of JD0.60 million in H1 2017

2017-08-14

According to the financial statements of Golden Wheat Mills GMC for the first half of 2017, Net profit after tax of the period reached 602,656 JD Compared with Net Loss after tax (176,182) JD for 2016.Total assets of the company reached 20,603,345 JD compared with total assets of 20,507,428 JD at the end of year 2016, a net increase of 0.47%.Total liabilities of the company reached 5,427,012 JD compared with total liabilities of 5,913,383 JD at the end of year 2016, a net decrease of 8.22%. Net ownership equity of the company reached 15,176,333 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 3.99%.