Middle East Economic Survey

VOL. LIV

No 21

23-May-2011

Jordan

JPRC Reports Rise In 2010 Net Profit

Jordan Petroleum Refinery Company (JPRC) reported a net profit of JD12.9mn ($18.2mn) in 2010, up 18.9% from JD10.85mn ($15.3mn) in 2009, the companys shareholders were told at a meeting of their general assembly earlier this month. The value of sales was also up to JD2.3bn ($3.2bn) in 2010 from JD1.98bn ($2.8bn) in 2009 and the value of product imports rose to JD879mn ($1.2bn) in 2010 from...