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GMC posts net income of JD0.25 million in H1 2021

2021-08-17

According to the financial statements of the Golden Wheat Mills GMC for the first half of 2021, Net profit after tax of the period reached 247,575 JD Compared with Net profit after tax 278,979 JD for 2020, a net decrease in profit of 11.26%.Total assets of the company reached 19,425,721 JD compared with total assets of 18,258,547 JD at the end of year 2020, a net increase of 6.39%.Total liabilities of the company reached 3,193,798 JD compared with total liabilities of 2,348,284 JD at the end of year 2020, a net increase of 36.00%. Net ownership equity of the company reached 16,231,923 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 2.02%.