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Jordan Arab Potash’s 2012 Net Profit Falls 34 Percent
Feb. 19, 2013 07:50AM PST
Potash InvestingReuters reported that Jordan’s Arab Potash Company’s net profits for 2012 fell 34 percent due to a combination of waning global demand and rising fuel costs.
Reuters reported that Jordan’s Arab Potash Company’s net profits for 2012 fell 34 percent due to a combination of waning global demand and rising fuel costs.
As quoted in the market report:
Net operating income dropped 18.6 percent to 586 million dinars in 2012 against 720 million dinars the previous year, the firm said in a statement.