The Arab Potash Co (one of the biggest listed companies on ASE) announced that its net profits during the first six months of 2014 declined by 54% to JOD 43.20 million against JOD 93.33 million profits during the same period of 2013.

Financial statement showed that the company’s sales declined by 16% to JOD 278.21 million against JOD 331.61 million in the first half of the last year. Also, the company’s sales cost increased by 11.2% to JOD 221 million in the first half against JOD 198.6 million last year.