Jordan Phosphate Mines
| Name | Jordan Phosphate Mines | |
| Sector | Mining - Non metallic minerals & coal mining | |
| Trading | ASE | |
| RIC Code | JOPH.AM | |
| Location | JORDAN |
Profile and Background
On March 8th, 1949 the Jordan Phosphate Mines Company the'Company' or 'JPMC') was established as a private company with he mission of mining Jordanian phosphate deposits. In 1953, it was registered as a public shareholding company with a share capital of JD250,000.
By 1962, the Company had started operationsat the Al-Hassa mine and in 1979 the Company expanded operations to include nearby Al-Abiad mine. Ten years later the Company had begun mining at their latest mine: Eshidiya.
Presently JPMC owns four mines in Jordan, three of which are producing phosphate. In early 1990's JPMC entered into a number of joint venture projects with foreign partners to produce and sell fertilizers and chemicals.
They have teamed up with Indian, Japanese, and Pakistani companies/consortiums. In 1998, they entered into their largestjoint venture with Norsk-Hydro, a giant Norwegian chemical and fertilizer company.
Researching phosphate and investing in the Kingdom, and establishing a factory/factories to produce fertilizers in different forms.
By 1962, the Company had started operationsat the Al-Hassa mine and in 1979 the Company expanded operations to include nearby Al-Abiad mine. Ten years later the Company had begun mining at their latest mine: Eshidiya.
Presently JPMC owns four mines in Jordan, three of which are producing phosphate. In early 1990's JPMC entered into a number of joint venture projects with foreign partners to produce and sell fertilizers and chemicals.
They have teamed up with Indian, Japanese, and Pakistani companies/consortiums. In 1998, they entered into their largestjoint venture with Norsk-Hydro, a giant Norwegian chemical and fertilizer company.
Researching phosphate and investing in the Kingdom, and establishing a factory/factories to produce fertilizers in different forms.
Shareholding Groups
| Individuals | N/A |
| Institutions | 4% |
| Floating | N/A |
| Government | 75% |
Board Members (Listed in alphabetical order)
| Director | Ahmed Al-Hamad |
| Director | Daboos Al-Daboos |
| Director | Jamel Salah |
| General Manager | Khaled Al-Shayab |
| Director | Maen Al-Heari |
| Director | Mohammed Al-Sartawe |
| Director | Mohammed Ali Diab |
| Director | Nasser Madadha |
| Director | Nazmi Al-abdullah |
| Chairman | Safwan Toukan |
Stock Performance
Market Information
| Stock | Jordan Index | |
| Last Closing | JOD 3.2 | 3266.19 |
| YTD % | 28.413% | 0% |
| Weekly % | 14.081% | 3.06% |
| Year High | JOD 11.11 | 5631.23 |
| Year Low | JOD 3.15 | 3113.2 |
| 52 Week High | JOD 4.92 | 4283.04 |
| 52 Week Low | JOD 2.63 | 3113.2 |
| BETA | 0.3003 | |
| Outstanding Shares | 75,000,000 | |
| Market Cap | JOD 240,000,000 | |
| Market Cap in $ | USD $338,983,051 | |
| % of Jordan Market | 1.16% | |
| % of Sector | 95.72% | |
| Rank by Cap | 12 |
Key Figures in '000 JOD
| 2003 | 2002 | 2001 | |
| Total Assets | 319,438 | 348,923 | 362,670 |
| Shareholder's Equity | 124,051 | 118,930 | 113,603 |
| NIAT | 5,064 | 5,519 | 4,005 |
| Dividends | N/A | N/A | N/A |
Financial Ratios
| 2003 | 2002 | 2001 | |
| Assets Growth | -8.45% | -3.79% | -10.34% |
| Earning Growth | -8.24% | 37.81% | 0.00% |
| ROaA | 1.52% | 1.55% | 1.04% |
| ROaE | 4.17% | 4.75% | 3.89% |
| No. Of Shares | 75,000,000 | 75,000,000 | 75,000,000 |
| EPS | 0.07 | 0.07 | 0.05 |
| EPS Growth | -8.24% | 37.81% | 0.00% |
| Payout Ratio | N/A | N/A | N/A |
Valuation Ratios
| Trailing | |
| PE | |
| PB | |
| DVPS | |
| Div Yield | |
| EV | |
| EV/Equity |

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