153 Million Jordanian Dinars Net Profit for Arab Potash by
End of Third Quarter Despite Global Challenges
On October 30, the Arab Potash Company (APC) announced a net profit of 153 million Jordanian Dinars by the end of the current year’s third quarter, after accounting for income tax, provisions, and mining royalties. This strong performance highlights the company’s resilience amid growing economic pressures and global political volatility. Financial data revealed that APC and its subsidiaries generated net sales revenue of approximately 509 million Jordanian Dinars by the end of the third quarter, with pre-tax profits reaching 212 million. This reflects the company’s ability to maintain its strong position in the global fertilizer market.
On the investment front, APC’s investments in allied companies contributed to its profitability, with APC’s share of profits from these investments reached approximately 26 million Jordanian Dinars by the end of the third quarter. Eng. Shihadeh Abu Hudeib, Chairman of APC, noted that these positive results demonstrate the company’s ability to navigate the global fertilizer market, including the potash sector, effectively. He pointed out that APC’s flexible strategy, focused on cost control and enhanced operational efficiency, helped overcome challenges brought about by geopolitical events and the Red Sea crisis affecting global supply chains and trade. He further highlighted that APC and its subsidiaries and affiliates contributed about 996 million U.S. dollars to Jordan’s foreign currency reserves over the first nine months of this year, solidifying its role as a strong supporter of the national
economy. The company continues to play a critical role in bolstering global food security by supplying high-quality potash products to various countries. Eng. Abu Hudeib emphasized that APC has successfully entered new markets while maintaining its traditional ones, reflecting a clear growth strategy focused on maximizing returns through product diversification and targeting high-yield markets. He commended the government’s efforts to create a favorable investment environment for the fertilizer and chemical industries by implementing investment-friendly laws and regulations. Eng. Abu Hudeib reiterated the company’s commitment to ongoing collaboration with governmental entities to strengthen Jordan’s role in supporting global food security. Dr. Maen Nsour, CEO of APC, outlined the company’s expansion vision and investment projects aimed at diversifying its client base and penetrating non-traditional markets. He emphasized that these projects mark a transformative step in the company’s growth journey and enhance its competitive edge in global markets. Dr. Nsour confirmed APC’s commitment to enhancing its production capabilities through several investments that will broaden its product range and increase its capacity to meet growing demand in both traditional and new markets. By the end of the third quarter, APC achieved a record production of 2.2 million tons of potash and successfully sold its entire output by the end of September. The company also managed to
reduce the cost per ton of production by 5% compared to the same period last year, through innovative strategies and increased operational efficiency—efforts that further strengthen
its global competitiveness. In line with APC’s vision to advance Jordan’s chemical industries, Dr. Nsour mentioned that the company has initiated serious discussions with local companies to explore possibilities for producing value-added derivatives from Jordan’s abundant potash and phosphate resources. These initiatives align with Jordan’s economic modernization vision, which aims to foster national capacity development and industrial integration.
