Jordan Petroleum Refinery Company announces 30.5% increase in profit

AMMAN — Profit generated by Jordan Petroleum Refinery Company (JPRC) increased by 30.5 per cent, reaching JD28.2 million at the end of 2013 compared with JD21.6 million at the end of 2012. According to a disclosure to the Amman Stock Exchange,  gross profit amounted toJD32.1 million in 2013 compared with JD25.8 million in 2012. More than half of the company’s profit came from gas refining and filling at JD15.9 million, its oils factory at JD8.6 million, and its marketing and selling of petrol products at JD4.5 million. Last year, the JPRC completed the procedures needed to bring up its capital to JD50 million from JD40 million.