Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

JORDAN

ENERGY FINANCE

Jordan Petroleum Refinery Company Posts Flat $6.2Mn Profit

The Jordan Petroleum Refinery Company (JPRC) has posted a net profit for 2003 of JD4.43mn ($6.24mn), up 1% compared to JD4.39mn ($6.18mn) in 2002. According to the companys annual report, sales amounted to JD35.32mn ($49.75mn) in 2003 against JD37.35 ($52.61mn) in 2002. The company distributed dividends to shareholders worth JD3.84mn ($5.41mn) compared to...