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Golden Wheat Mills Company achieves pretax income of JD0.27 million in Q1 2013

2013-04-30

According to Golden Wheat Mills Company ( GMC)’s data for the first three months of the year, net profit before tax reached 273,382 JOD, compared with a net profit before tax of 154,678 JOD from the first three months of 2012, a net increase of 76.7%. Total assets of the company reached 19,344,060 JOD as of March 31^st, 2013, compared to total assets of 19,657,244 JOD as of December 31^st, 2012, a net decrease of 1.6%. Total liabilities of the company reached 3,351,804 JOD as of March 31^st, 2013, compared to total liabilities of 3,162,799 JOD as of December 31^st, 2012, a net increase of 6.0%. Net ownership equity of the company reached 15,992,256 JOD (including (-24,500) JOD in Non-controlling interest) as of March 31^st, 2013, compared with a net ownership equity of 16,494,445 JOD (including (-24,500) JOD in Non-controlling interest) as of December 31^st, 2012, a net decrease of 3.0% in the first three months.