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MarketScreener Homepage  >  Equities  >  AMMAN STOCK EXCHANGE  >  JOR PETROLM REF    JOPT   JO4204111010

JOR PETROLM REF

(JOPT)
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End-of-day quote. End-of-day quote AMMAN STOCK EXCHANGE - 10/17
3.25 JOD   +0.93%
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JOR PETROLM REF : JoPetrol returns gasoline shipment to source

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03/18/2019 | 05:25pm EDT

Amman, March 18 (Petra) -- Jordan Petroleum Refinery Company (JoPetrol) said it had returned a contracted 90 octane gasoline shipment, due to violating the tender conditions in terms of compatibility with Jordanian technical standards.

In a statement issued Monday, the company said its laboratories examined samples of the 90 octane gasoline shipment, which was on board a ship anchored in the port of Aqaba, after samples of this shipment were taken in the presence of a representative of the Jordan Institution for Standards and Metrology (JISM) and all concerned parties.

The inspection showed that this shipment octane number is 89.5 and not 90 as required in the tender conditions. Then; the company directly informed the JISM with the laboratory tests results to take the necessary actions for this shipment, where the shipment was rejected and returned to the source.

//Petra// AF 18/03/2019 22:13:52

(c) 2019 Petra News Agency, All Rights Reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (JOD)
Sales 2019 1 513 M
EBIT 2019 66,6 M
Net income 2019 39,8 M
Debt 2019 792 M
Yield 2019 7,69%
P/E ratio 2019 8,13x
P/E ratio 2020 9,56x
EV / Sales2019 0,74x
EV / Sales2020 0,74x
Capitalization 325 M
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Mean consensus UNDERPERFORM
Number of Analysts 1
Average target price 3,42  JOD
Last Close Price 3,25  JOD
Spread / Highest target 5,23%
Spread / Average Target 5,23%
Spread / Lowest Target 5,23%
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