Company Irbid District Electricity Co. Ltd.

Equities

IREL

JO3101011018

Electric Utilities

End-of-day quote Amman S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
10.4 JOD -0.95% Intraday chart for Irbid District Electricity Co. Ltd. -3.70% +6.12%

Business Summary

Irbid District Electricity Company PSC is a Jordan-based public shareholding company, which is engaged in the electric utilities sector. The Company is mainly engaged in the generation, transmission and distribution of electric power for the entire concession area, which includes the governorates of Irbid, Mafraq, Jerash, Ajloun and parts of Balqa governorate. The Company’s concession area represents approximately 20% of the total area of Jordan, covering more than 20,000 square kilometers. Irbid District Electricity Company PSC’s services include the following: Pay the Bills, Billing Inquiry, How to Query Joint Accounts, a Service Request from the Company, as well as Electronic Payment of Bills.

Number of employees: 1,281

Sales per Business

JOD in Million2022Weight2023Weight Delta
Regular Subscribers - Housing
40.8 %
111 39.3 % 116 40.8 % +4.08%
Commercial
13.1 %
36 12.6 % 37 13.1 % +4.10%
Regular Subscribers - Non-residential and Government Departments
8.2 %
29 10.1 % 23 8.2 % -18.88%
Water Authority
8.0 %
23 8.1 % 23 8.0 % -1.73%
Medium Industrial
5.9 %
16 5.7 % 17 5.9 % +4.29%
Agricultural Sector
5.2 %
15 5.4 % 15 5.2 % -3.58%
Street Lighting
5.1 %
17 5.9 % 15 5.1 % -13.08%
Army Department
3.5 %
10 3.4 % 10 3.5 % +1.29%
Agricultural / Trio Tariff
3.3 %
9 3.2 % 9 3.3 % +4.88%
Small Industrial
2.0 %
6 2.1 % 6 2.0 % -1.42%
Telecommunication
1.2 %
5 1.9 % 3 1.2 % -39.87%
Consumption Difference
1.2 %
2 0.8 % 3 1.2 % +47.09%
Subscriber Sales of the Allocation Agreements
0.9 %
- - 3 0.9 % -
Banking
0.7 %
2 0.7 % 2 0.7 % -3.35%
Commercial/Agricultural
0.2 %
1 0.3 % 1 0.2 % -8.31%
Electric Charging Cars
0.2 %
0 0.1 % 0 0.2 % +246.43%
Private Hospitals
0.2 %
0 0.2 % 0 0.2 % +10.86%
Temporary Meters
0.2 %
1 0.2 % 0 0.2 % -11.07%
Regular Subscribers - Employee Housing
0.1 %
0 0.1 % 0 0.1 % -7.29%
Hotels
0.0 %
0 0.1 % 0 0.0 % -13.98%
Media and Television
0.0 %
0 0.0 % 0 0.0 % -32.36%

Sales per region

JOD in Million2022Weight2023Weight Delta
Jordan
100.0 %
283 100.0 % 283 100.0 % +0.11%

Managers

Managers TitleAgeSince
Chief Executive Officer 45 02-12-31
Director of Finance/CFO - 21-01-02
Chief Operating Officer 43 03-09-10
Chief Administrative Officer 47 04-12-31
General Counsel 48 03-12-31
Comptroller/Controller/Auditor 45 04-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 72 11-09-05
Director/Board Member - 21-03-31
Director/Board Member 72 16-04-09
Director/Board Member 57 20-06-03
Chairman 66 20-12-06
Director/Board Member 62 20-06-03
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 14,000,000 1,792,980 ( 12.81 %) 0 12.81 %

Shareholders

NameEquities%Valuation
Kingdom Electricity Co. PSC
55.46 %
7,764,400 55.46 % 119 M JOD
City of Irbid
8.302 %
1,162,239 8.302 % 18 M JOD
Yarmouk University Endowment
5.000 %
700,028 5.000 % 11 M JOD
605,920 4.328 % 9 M JOD
City of New Ramtha
1.687 %
236,174 1.687 % 4 M JOD
City of Jerash
1.642 %
229,866 1.642 % 4 M JOD
City of West Irbid
1.372 %
192,074 1.372 % 3 M JOD
City of New Mazar
1.320 %
184,794 1.320 % 3 M JOD
Government of Jordan
1.283 %
179,620 1.283 % 3 M JOD
City of Al Nasim
1.203 %
168,417 1.203 % 3 M JOD

Company contact information

Irbid District Electricity Co.

Rateb Bataineh Street

21110, Irbid

+

http://www.ideco.com.jo
address Irbid District Electricity Co. Ltd.(IREL)
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