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GMC posts net income of JD1.12 million in 2021

2022-02-16

According to  the financial statements of the Golden Wheat Mills GMC for the year 2021, Net profit after tax of the period reached 1,122,484 JD Compared with Net profit after tax 65,069 JD for 2020, a net increase in profit of 1625.07%.Total assets of the company reached 25,503,823 JD compared with total assets of 18,258,547 JD at the end of year 2020, a net increase of 39.68%.Total liabilities of the company reached 8,315,229 JD compared with total liabilities of 2,348,284 JD at the end of year 2020, a net increase of 254.09%. Net ownership equity of the company reached 17,188,594 JD (Including Non-Controlling Interests of -24,500 JD) compared with total owner equity of 15,910,263 JD (Including Non-Controlling Interests of -24,500 JD) at the end of year 2020, a net increase of 8.03%.