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The Jordan Worsted Mills Company (Public Shareholding Limited Company) (Jordan)

Main Activities: Fabric Mills
Full name: The Jordan Worsted Mills Company (Public Shareholding Limited Company) Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Jordan Worsted Mills Company (Public Shareholding Limited Company), located in Amman, is one of the oldest cloth industries and investments companies in Jordan. It was established in 1962 with a paid-up capital of 325,000 JD. The main shareholders include late Mr. Yousef Mouasher OBE, Jordan National Bank, Arab Bank, Social Security Corporation, other companies, and individuals. The company supplies the Jordan armed forces, including the Air Force, Police, Civil Defense, and Gendarmerie, meeting their uniform fabric needs. It is also the main cloth supplier for various Government Departments, Schools, Tailoring Companies, and exports to Arab Countries. As of December 31, 2017, the company's paid-up capital reached 15 Million JD, with a total equity of 65.74 Million JD. Additionally, The Jordan Worsted Mills Company has strategic investments in blue chip companies listed on the Amman Stock Exchange (ASE).

Headquarters
18 Allal Al Fasi St. Ground Floor, Shmeisani, Po Box. 6060
Amman; West Zone; Postal Code: 11118

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Website: http://www.jowm-jo.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1962
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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1.066%
Subsidiaries
Jordan Fabric And Worsted Mills
Company Performance
Financial values in the chart are available after The Jordan Worsted Mills Company (Public Shareholding Limited Company) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Total operating revenue
-99.41%
Operating profit (EBIT)
-1747.62%
EBITDA
-150.3%
Net Profit (Loss) for the Period
-10.43%
Total assets
-1.43%
Total equity
-1.08%
Return on Equity (ROE)
-0.35%
Debt to Equity Ratio
-0.22%
Quick Ratio
5.25%
Cash Ratio
1.35%

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