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June 26 2022 7:49 PM ˚
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JPMC makes record profits in 2021 — Thneibat

2. Jordan Phosphates Mining Company
Profits doubled 12 times compared to 2020, an increase of 1,200 percent, the Jordan Phosphate Mines Company said. (Photo:
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AMMAN — The Jordan Phosphate Mines Company (JPMC) achieved record total profits of JD535.5 million in 2021. Profits before tax amounted to JD437.5 million in 2021, and net profits amounted to JD335.6 million (after taxes and provisions at the end of last year), according to the company financial disclosure delivered to the Amman Stock Exchange and the Securities Commission, Al-Ghad News reported.اضافة اعلان

Profits doubled 12 times compared to 2020, an increase of 1,200 percent, according to the company.

JPMC Chairman of the Board of Directors Muhammad Thneibat said that last year the company achieved the highest production of phosphates and fertilizers since its establishment; phosphate production reached about 10 million tons, while its sale of phosphate amounted to 9.7 million tons, and its production of fertilizers reached 728,000 tons.

He stressed that the company, which plays a role in serving the national economy, is one of the main contributors to the balance of payments in foreign currency, indicating that the total exports of the group and allied companies for the year 2021 amounted to $2.034 billion, while its payments to the Treasury amounted more than JD140 million.

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