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GMC posts net income of JD0.14 million in Q1 2021


According to the financial statements of the Golden Wheat Mills GMC  for 1st Quarter of 2021, Net profit after tax of the period reached 144,460 JD Compared with Net profit after tax 192,043 JD for 2020, a net decrease in profit of 24.78%.Total assets of the company reached 19,070,945 JD compared with total assets of 18,258,547 JD at the end of year 2020, a net increase of 4.45%.Total liabilities of the company reached 3,039,132 JD compared with total liabilities of 2,348,284 JD at the end of year 2020, a net increase of 29.41%. Net ownership equity of the company reached 16,031,813 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 15,910,263 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2020, a net increase of 0.76%.



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