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GMC posts net income of JD0.27 million in 9M 2024

2024-11-17

According to the financial statements of the Golden Wheat Mills Company GMC for the first nine months of 2024, Net profit after tax of the period reached 266,853 JD Compared with Net Loss after tax (450,957) JD for 2023.Total assets of the company reached 25,896,255 JD compared with total assets of 24,787,662 JD at the end of year 2023, a net increase of 4.47%.Total liabilities of the company reached 9,592,480 JD compared with total liabilities of 8,676,092 JD at the end of year 2023, a net increase of 10.56%. Net ownership equity of the company reached 16,303,775 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 increase of 1.19%.