AMMAN —
The
Jordan Phosphate Mines Company (JPMC) net profit before tax during the
third quarter of the current year amounted to JD786.496 million, 224.5 percent
higher than the profit registered in the same period last year, which amounted
to JD242.384 million, according to Al-Mamlaka TV.
اضافة اعلان
JPMC said in a press statement that the company’s
net profit after tax in the third quarter of this year amounted to JD600,182
million, an increase of 232 percent over the same period of last year, when the
company registered a JD180,784 million profit.
The results showed an increase in the company’s net
operating profit for the end of the third quarter of this year, reaching
JD723.171 million, compared to the same period last year, which amounted to
JD227.048 million, with an increase of 219 percent.
JPMC’s Board Chairman Mohammad Al-Thneibat said that
the financial results during the third quarter of this year show a significant
increase in the quantities of crude phosphate, fertilizer and phosphoric acid
produced and marketed, compared to the same period last year.
He added the company registered an increase in net
sales by the end of the third quarter of this year, which amounted to more than
JD1.4 billion, an increase of 102 percent over the same period last year, when
sales amounted to JD693.575 million.
Meanwhile, Minister of Energy and Mineral Resources
Saleh Al-Kharabsheh has said that in the coming years the Kingdom aims at
raising three-fold the contribution of the energy and mineral resources sector
to GDP, and to double its exports, according to Al-Ghad daily.
Kharabsheh said that memoranda of understanding were signed
with various parties to explore for minerals such as gold and copper,
indicating that the ministry has requests to exploit phosphate rock at
Al-Risha, amid estimates that its reserves amount to 700 million tonnes on a
land area of about 100 square kilometers.
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