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GMC records net income of JD0.13 million in 9M 2018

2018-11-04

According to the financial statements of Golden Wheat Mills GMC for the first nine months of 2018,, Net profit after tax of the period reached 132,855 JD Compared with Net profit after tax 901,500 JD for 2017, a net decrease in profit of 85.26%.Total assets of the company reached 22,866,610 JD compared with total assets of 22,209,963 JD at the end of year 2017, a net increase of 2.96%.Total liabilities of the company reached 6,811,642 JD compared with total liabilities of 6,172,617 JD at the end of year 2017, a net increase of 10.35%. Net ownership equity of the company reached 16,054,968 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 0.11%.