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GMC posts net income of JD0.28 million in H1 2020

2020-09-03

According to the financial statements of the Golden Wheat Mills GMC for first half of 2020, Net profit after tax of the period reached 278,979 JD Compared with Net profit after tax 560,218 JD for 2019, a net decrease in profit of 50.20%.Total assets of the company reached 18,702,786 JD compared with total assets of 19,484,395 JD at the end of year 2019, a net decrease of 4.01%.Total liabilities of the company reached 2,564,178 JD compared with total liabilities of 2,683,143 JD at the end of year 2019, a net decrease of 4.43%. Net ownership equity of the company reached 16,138,608 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 decrease of 3.94%.