Phosphate Mines Company reports JD235.1M first-half profit

Amman, July 30 (Petra) -Jordan Phosphate Mines Company (JPMC)
reported a post-tax net profit of JD235.1 million for the first half
of 2026, despite regional challenges, rising raw material costs, and
supply chain disruptions.

According to financial disclosures filed with the Amman Stock
Exchange (ASE), JPMC’s net sales reached JD717 million in the first
six months of the year, marking a 19% increase from JD602 million
during the same period in 2025.

JPMC also reported “positive operational” results across its
production subsidiaries.

In this context, fertilizer production at JPMC’s Aqaba Industrial
Complex grew 2%, while sales increased 7% year-over-year.

At the Nippon Jordan Fertilizer Company (NJFC), both fertilizer
production and sales surged by 25%.

Meanwhile, the Indo-Jordan Chemicals Limited’s (IJC) phosphoric acid
production rose 13%, driving a 17% increase in combined domestic and
export sales.

Company officials credited the “strong” first-half results to
“effective” operational strategies and adaptive planning, which
allowed JPMC to maintain growth despite ongoing market volatility and
supply chain headwinds.

//Petra// HA