JMPC posts JD325mln in 9-month profit

The Jordan Phosphate Mines Company (JPMC) posted a gross profit of JD325.5 million in the first nine months of 2021, against JD86.9 million reported in the same period of 2020.

In a disclosure posted on the Amman Stock Exchange’s website, the company indicated that its net profit for the nine-month period amounted to JD180 million against a loss of JD14.9 million in the corresponding period of the past year.

In the January-September period, the company sold 6.926 million tons of phosphate for an average per-ton price of $84.7, up by $22.5 year-on-year.

Source: Jordan News Agency

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