The Jordan Phosphate Mines Company (JPMC) said Thursday that it achieved a significant increase in its total pre-tax profits at the end of March to JD191.6 million against JD45.3 million for the same period in 2021.

In a disclosure on the Amman Stock Exchange website, the company reported that it recorded a net post-tax profit of JD147.1 million, up from JD35.8 million for the same reporting period of last year.

Moreover, the company's total assets rose to JD1.619 billion at the end of the first quarter of this year, compared with JD1.505 billion at the end of last year.