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GMC reports net income of JD0.56 million in H1 2019

2019-08-25

According to the financial statements of the Golden Wheat Mills GMC for the first half of 2019, Net profit after tax of the period reached 560,218 JD Compared with Net Loss after tax (61,853) JD for 2018.Total assets of the company reached 18,939,793 JD compared with total assets of 20,757,051 JD at the end of year 2018, a net decrease of 8.75%.Total liabilities of the company reached 2,393,504 JD compared with total liabilities of 4,760,353 JD at the end of year 2018, a net decrease of 49.72%. Net ownership equity of the company reached 16,546,289 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 15,996,698 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2018, a net increase of 3.44%.