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.
According to Jordan News Agency, the company shared that its condensed interim consolidated financial statements revealed a significant increase in profit before income tax, rising 89 percent 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 the previous year, with earnings per share increasing to 62 fils from 32 fils.
The company and its subsidiaries witnessed a 34 percent rise in consolidated net sales in the first half of this year, amounting to JD973.474 million compared with JD728.609 million during the corresponding period of 2025.
Breaking down the profits by business segment, refining operations generated JD38.273 million in post-tax profit, an increase from JD21.381 million, marking a 79 percent rise. The Jordan Petroleum Products Marketing Company's profit increased 48 percent to JD13.011 million, from JD8.783 million.
In the January-June period, the Jordan LPG Manufacturing and Filling Company posted JD7.513 million in profit, while the Jordan Lube Oil Manufacturing Company LLC recorded JD3.320 million in profit for the same period of 2025.
Total assets of the company and its subsidiaries reached JD2.049 billion at the end of June 2026, up from JD1.807 billion at the end of 2025, with shareholders' equity increasing to JD711.953 million from JD699.848 million.
The company emphasized its ongoing efforts to maintain operational sustainability, diversify supply sources, and secure inventory levels in response to geopolitical disruptions in the region and the accompanying increases in oil prices and shipping and insurance costs, thereby supporting its ability to meet domestic market demand.