Jordanian Potassium Company posts JD 15.7 million net profits

Published October 8th, 2000 - 02:00 GMT

The Jordanian Potassium Company posted a net operating income of JD 15.7 million in the first half of 2000, reported Alarab Alyawm newspaper. This figure represents an 8.3 percent increase compared with the corresponding period of the previous year. 

 

According to the report, the company manufactured 895,000 tons of potassium in the first half of 2000, compared to 873,000 tons in the first half of 1999. This output level constitutes a 2.4 percent rise compared with the corresponding period of the previous year. However, this figure represents a 2.5 percent decrease compared with the previous outlook for this period.  

 

In addition, the company registered a new firm called “Jordan Bromine Company”, costing a $60 million capital. The Jordanian Potassium Company’s share of this new enterprise amounts to 50 percent. Moreover, the company registered the Arabian Kemira Potassium Company by $38 million capital. The ownership of this company is shared equally between the Jordanian Potassium Company and the Finnish Kemira Chemicals Company. –(Albawaba-MEBG) 

 

 

 

 


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