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GMC posts net income of JD0.90 million in 9M 2017

2017-10-25

According to the financial statements of Golden Wheat Mills GMC for the first nine months of 2017, Net profit after tax of the period reached 901,500 JD Compared with Net profit after tax 51,460 JD for 2016, a net increase in profit of 1651.85%.Total assets of the company reached 21,137,535 JD compared with total assets of 20,507,428 JD at the end of year 2016, a net increase of 3.07%.Total liabilities of the company reached 5,671,214 JD compared with total liabilities of 5,913,383 JD at the end of year 2016, a net decrease of 4.09%. Net ownership equity of the company reached 15,466,321 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 5.98%.