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GMC posts net income of JD0.53 million in 9M 2021


According to the financial statements of the Golden Wheat Mills GMC for the first nine months of 2021, Net profit after tax of the period reached 529,894 JD Compared with Net profit after tax 292,508 JD for 2020, a net increase in profit of 81.16%.Total assets of the company reached 22,376,247 JD compared with total assets of 18,258,547 JD at the end of year 2020, a net increase of 22.55%.Total liabilities of the company reached 5,819,390 JD compared with total liabilities of 2,348,284 JD at the end of year 2020, a net increase of 147.81%. Net ownership equity of the company reached 16,556,857 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 4.06%.



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