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JPRC to distribute 20 per cent in cash dividends

By JT - Apr 30,2018 - Last updated at Apr 30,2018

AMMAN — The Jordan Petroleum Refinery Company (JPRC) on Monday reported that its general assembly approved a board recommendation to distribute 20 per cent of its paid up and stated capital in cash dividends.

In 2017, JPRC net profit totalled JD32.9 million after the deduction of profit -income tax at around JD5.6 million. The company’s sales went up to JD1.8 billion, registering an increase by 1 per cent at the end of 2017, compared to its sales in 2016, as a result of the rise in the price of oil derivatives, according to the Jordan News Agency, Petra.

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