JPMC quarterly profits up 185.1 per cent

AMMAN — The Jordan Phosphate Mines Company (JPMC) announced that it had made JD6.3 million in net profit, during the first quarter of 2019, the Jordan News Agency, Petra, reported.

JPMC Chairman Mohammad Thneibat said that profits during the first quarter increased by 185.1 per cent compared with the same period of last year, where the company recorded JD7.4 million in losses.

Thneibat said that the company made JD164.3 million in sales revenue during the first quarter of this year, compared with JD152.4 million made during the same period of last year.