29 April 2011
AMMAN (Petra) - Jordan Phosphate Mines Company (JPMC) generated JD21.8 million net profit during the first quarter of this year, compared to JD10 million in the same period of last year. According to Chief Executive Officer Walid Kurdi, the company's total sales amounted to JD161.9 million during the first three months of this year compared to JD115.4 million registered in the same period of 2010. In a press statement, he indicated that the company's assets stood at JD725.6 million during the first quarter, while the shareholders equity reached JD559.5 million compared to JD537.7 million registered in the same period of last year. Kurdi noted that the JPMC debts amounted to JD30.3 million during the first three months of this year.

© Jordan Times 2011