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GMC reports net income of JD0.82 million at the end of 2019

2020-02-13

According to the financial statements of the Golden Wheat Mills GMC for the year 2019, Net profit after tax of the period reached 815,181 JD Compared with Net profit after tax 73,698 JD for 2018, a net increase in profit of 1006.11%.Total assets of the company reached 19,484,395 JD compared with total assets of 20,757,051 JD at the end of year 2018, a net decrease of 6.13%.Total liabilities of the company reached 2,683,143 JD compared with total liabilities of 4,760,353 JD at the end of year 2018, a net decrease of 43.63%. Net ownership equity of the company reached 16,801,252 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 5.03%.