Amman, May 3 (Petra) -- The Jordan Phosphate Mines Company (JPMC) posted JD 111.026 million in net profit after tax in the first quarter of 2026, compared with JD 110.427 million in the same period last year.

According to the company’s disclosure on the Amman Stock Exchange (ASE) website, net sales rose 13.25 percent to JD 326.485 million in the first quarter, compared with JD 288.286 million in the corresponding period of 2025.

The company also generated strong returns on capital, with earnings per share in the first quarter of 2026 amounting to 36.9 percent of the share’s nominal value.

Phosphate production increased by 4.2 percent in the first quarter compared with the same period of 2025, while phosphoric acid production rose by 40 percent.

Phosphoric acid sales grew by 16 percent during the same period, while fertilizer sales increased by 2 percent.

The company said its first-quarter results showed positive indicators in production, marketing, and financial performance despite exceptional regional conditions and higher raw material prices, reflecting operational efficiency, realistic planning, and strong execution capacity.

//Petra// AO