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GMC posts net income of JD0.11 million in Q1 2023

2023-05-17

According to the financial statements of the Golden Wheat Mills GMC for the 1st Quarter of 2023, Net profit after tax of the period reached 114,189 JD Compared with Net profit after tax 101,951 JD for 2022, a net increase in profit of 12.00%.Total assets of the company reached 34,583,410 JD compared with total assets of 28,673,345 JD at the end of year 2022, a net increase of 20.61%.Total liabilities of the company reached 17,372,060 JD compared with total liabilities of 11,597,281 JD at the end of year 2022, a net increase of 49.79%. Net ownership equity of the company reached 17,211,350 JD (Including Non-Controlling Interests of -26,250 JD) compared with total owner equity of 17,076,064 JD (Including Non-Controlling Interests of -26,250 JD) at the end of year 2022, a net increase of 0.79%.