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GMC posts net income of JD0.02 million in H1 2023


According to the financial statements of the Golden Wheat Mills GMC for the first half of 2023, Net profit after tax of the period reached 22,285 JD Compared with Net profit after tax 219,287 JD for 2022, a net decrease in profit of 89.84%.Total assets of the company reached 30,262,695 JD compared with total assets of 28,673,345 JD at the end of year 2022, a net increase of 5.54%.Total liabilities of the company reached 14,047,455 JD compared with total liabilities of 11,597,281 JD at the end of year 2022, a net increase of 21.12%. Net ownership equity of the company reached 16,215,240 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 decrease of 5.04%.



Al-Quds Index in the red zone amid medium-volume trading

Al-Quds Index continued to decline amid lack of general incentives

The PEX records average PE of 19.7x and average P/BV of 1.10x in Q1 2024

JCC approves distributing 10% cash dividends for the year 2023



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