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GMC reports net income of JD0.17 million in Q1 2018

2018-04-26

According to financial statements of Golden Wheat Mills GMC for the first Quarter of 2018, Net profit after tax of the period reached 170,164 JD Compared with Net profit after tax 251,003 JD for 2017, a net decrease in profit of 32.21%.Total assets of the company reached 22,889,980 JD compared with total assets of 22,209,963 JD at the end of year 2017, a net increase of 3.06%.Total liabilities of the company reached 6,698,411 JD compared with total liabilities of 6,172,617 JD at the end of year 2017, a net increase of 8.51%. Net ownership equity of the company reached 16,191,569 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 16,037,346 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2017, a net increase of 0.96%.