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GMC posts net income of JD0.003 million in 2023

2024-03-18

According to the financial statements of the Golden Wheat Mills GMC for the year 2023, Net profit after tax of the period reached 3,274 JD Compared with Net profit after tax 1,638,235 JD for 2022, a net decrease in profit of 99.80%.Total assets of the company reached 24,787,662 JD compared with total assets of 28,673,345 JD at the end of year 2022, a net decrease of 13.55%.Total liabilities of the company reached 8,676,092 JD compared with total liabilities of 11,597,281 JD at the end of year 2022, a net decrease of 25.18%. Net ownership equity of the company reached 16,111,570 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 5.65%.