| Market: Amman | Symbol: JOPH | ISIN: JO4101811019 | Industry: Mining |
Jordan Phosphate Mines Co. is a public shareholding limited company, founded in 1949. Its current capital is JOD 247.5 million. The Company aims at mining and processing phosphate ore in Jordan.
During the last six decades, the Company has assumed its pioneering position among the international companies in the fields of mining and producing fertilizers. It has become a major component of the Jordanian economic structure and exports.
The activities of the Jordan Phosphate Mines Company can be classified under two complementary sectors: mining sector and phosphate fertilizer manufacturing sector. Through the integration of both sectors, the company has firmly proven its capabilities in the international markets.
The company operates its production activities in the Hashemite Kingdom of Jordan, which has the fifth largest reserve of phosphate in the world, equaling 3.7 billion tons, 1.25 billion tons of which are the reserves of the company's mines. That made Jordan Phosphate Mines Company to be the second largest exporter, and sixth largest producer of phosphate in the world, with production capacity exceeding 11 million tons of phosphate annually.
The Company's Headquarter is located in Amman, the capital. The Company owns as well, four mines located in the center and south of the Kingdom, namely: Russaifa. Al- Hassa, Wadi Al-Abiad, and Eshidiya mines, in addition to the Department of Research and Quality in the city of Russaifa, and the Industrial Complex in the city of Aqaba, which aims at transforming the phosphate raw material into other products with added values. The Industrial Complex is considered one of the largest phosphate fertilizers complexes in the Middle East. Furthermore, the Company has constructed the Phosphate Port, located in Aqaba, which is especially used for exporting phosphate. The phosphate port facility is enhancing the operations of phosphate exporting to the various international markets. The Company is currently working on expanding and developing the Industrial Port, and adding certain modifications to adhering to environmental issues.
| Share data | 20/04/2025 | ||
| Currency | JOD | Volume | 86,560 |
| Previous Close | 15.000 | Number of Shares (mil) | 234.47 |
| Change (%) | 0.00 | Market Cap (mil) | 3,517.08 |
Key Financial Indicators (JOD'000) |
2022 |
2023 |
2024
|
|---|---|---|---|
| Net revenues of sales | 1,748,265 | 1,229,234 | 1,213,273 |
| Total expenses | (1,031,120) | (782,406) | (755,393) |
| Net accumulated profits (losses) | 717,145 | 446,828 | 457,880 |
| Interests of loans | 2,318 | 3,114 | 2,561 |
| Net fixed assets | 231,823 | 239,700 | 243,135 |
| Current assets | 1,222,763 | 1,348,269 | 1,324,693 |
| Total assets | 2,071,836 | 2,145,117 | 2,148,192 |
| Net equity | 1,484,482 | 1,683,920 | 1,816,070 |
| Long term credit loans | 34,975 | 29,807 | 24,639 |
| Current liabilities | 391,736 | 295,139 | 164,264 |
| Debt ratio | 97:3 | 98:2 | 98:2 |
| Debt service ratio (Once) | 46.20 | 40.37 | 81.34 |
| Current ratio (Once) | 3.026 | 4.568 | 8.060 |
| Net profit (loss) per share (JOD) | 2.891 | 1.800 | 1.840 |
| Closing price per share (JOD) | 35.70 | 10.69 | 14.43 |
