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    10-Aug-2026

JPRC's net profit nearly doubles at JD62.117m in H1 2026

 

The Jordan Times

 

AMMAN — Jordan Petroleum Refinery Company (JPRC) announced on Sunday that its consolidated post-tax net profit rose to JD62.117 million in the first half of 2026, compared with JD32.479 million in the same period of 2025.
 
In its announcement, the company said its condensed interim consolidated financial statements showed that profit before income tax increased 89 per cent to JD81.326 million, from JD43.043 million.
 
Profit attributable to the company’s shareholders reached JD61.927 million, compared with JD32.156 million in the first half of last year, while earnings per share rose to 62 fils from 32 fils, the Jordan News Agency, Petra, reported.
 
Consolidated net sales of the company and its subsidiaries increased 34 per cent in the first half of this year to JD973.474 million, compared with JD728.609 million in the corresponding period of 2025.
 
By business segment, refining operations generated JD38.273 million in post-tax profit, compared with JD21.381 million, an increase of 79 per cent.
 
Jordan Petroleum Products Marketing Company’s profit rose 48 per cent to JD13.011 million, from JD8.783 million.
 
During the January-June period, Jordan LPG Manufacturing and Filling Company posted JD7.513 million in profit, while Jordan Lube Oil Manufacturing Company LLC recorded JD3.320 million in profit for the same period of 2025.
 
The company total assets and its subsidiaries reached JD2.049 billion at the end of June 2026, compared with JD1.807 billion at the end of 2025, while shareholders’ equity increased to JD711.953 million from JD699.848 million.
 
The company stressed that it continues to take the necessary measures to maintain sustainability of its operations, diversify supply sources and maintain secure inventory levels amid geopolitical disruptions in the region and the increases in oil prices and shipping and insurance costs, supporting its ability to meet domestic market demand.
 

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