[ad_1]
AMMAN — The Jordan Phosphate Mines Firm (JPMC) ranked 82nd on Forbes Center East’s High 100 Listed Corporations 2022 record,
with a market cap of $4.5 billion, based on the Jordan Information Company, Petra.
In keeping with Forbes, the enterprise operates in two
industries, mining and the manufacturing of phosphoric fertilizers, and owns 4
phosphate mines in Jordan. By buying Mitsubishi’s 10 % stake in
Nippon-Jordan Fertilizer Firm in December 2021, JPMC took over as the corporate’s
largest shareholder.
This 12 months, the corporate produced 10 million tons of
phosphate, a 12 % enhance over the earlier 12 months. It additionally began
development on a $85 million phosphate washing plant within the Maan governorate
and, in Might 2022, signed $1.5 billion export offers with Indian firms.
By way of efficiency and gross sales, JPMC has set new
benchmarks and is a big contributor to the nationwide financial system.
The corporate’s pre-tax web
earnings reached JD786.496 million within the first 9 months of 2022, up 224.5
% from JD242.384 million in the identical interval in 2021.
Learn extra Enterprise
Jordan Information
[ad_2]
Source link
