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GMC realizes net loss of JD0.45 million in 9M 2023

2023-12-18

According to the financial statements of the Golden Wheat Mills GMC for the first nine months of 2023, Net Loss after tax of the period reached (450,957) JD Compared with Net profit after tax 786,747 JD for 2022.Total assets of the company reached 28,700,147 JD compared with total assets of 28,673,345 JD at the end of year 2022, a net increase of 0.09%.Total liabilities of the company reached 12,993,868 JD compared with total liabilities of 11,597,281 JD at the end of year 2022, a net increase of 12.04%. Net ownership equity of the company reached 15,706,279 JD (Including None-Controlling Interests of -26,250 JD) compared with total owner equity of 17,076,064 JD (Including None-Controlling Interests of -26,250 JD) at the end of year 2022, a net decrease of 8.02%.