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GMC posts net income of JD0.07 million in 2020


According to the financial statements of the Golden Wheat Mills GMC for the year 2020, Net profit after tax of the period reached 65,069 JD Compared with Net profit after tax 815,181 JD for 2019, a net decrease in profit of 92.02%.Total assets of the company reached 18,272,109 JD compared with total assets of 19,484,395 JD at the end of year 2019, a net decrease of 6.22%.Total liabilities of the company reached 2,341,212 JD compared with total liabilities of 2,683,143 JD at the end of year 2019, a net decrease of 12.74%. Net ownership equity of the company reached 15,930,897 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 5.18%.



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