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GMC posts net income of JD0.19 million in Q1 2020

2020-05-10

According to the financial statements of the Golden Wheat Mills GMC for the 1st Quarter of 2020, Net profit after tax of the period reached 192,043 JD Compared with Net profit after tax 359,874 JD for 2019, a net decrease in profit of 46.64%.Total assets of the company reached 19,776,147 JD compared with total assets of 19,484,395 JD at the end of year 2019, a net increase of 1.50%.Total liabilities of the company reached 2,791,709 JD compared with total liabilities of 2,683,143 JD at the end of year 2019, a net increase of 4.04%. Net ownership equity of the company reached 16,984,438 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 16,801,252 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2019, a net increase of 1.09%.