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GMC realizes net loss of JD0.12 million in Q1 2024

2024-06-25

According to the financial statements of the Golden Wheat Mills GMC for the 1st Quarter of 2024, Net Loss after tax of the period reached (119,010) JD Compared with Net profit after tax 114,189 JD for 2023.Total assets of the company reached 24,286,847 JD compared with total assets of 24,787,662 JD at the end of year 2023, a net decrease of 2.02%.Total liabilities of the company reached 8,300,623 JD compared with total liabilities of 8,676,092 JD at the end of year 2023, a net decrease of 4.32%. Net ownership equity of the company reached 15,986,224 JD (Including Non-Controlling Interests of -26,250 JD) compared with total owner equity of 16,111,570 JD (Including Non-Controlling Interests of -26,250 JD) at the end of year 2023, a net decrease of 0.78%.