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Irbid District Electricity Co Ltd (Jordan)

Main Activities: Electric Power Generation | Electric Power Transmission, Control, and Distribution
Full name: Irbid District Electricity Co Ltd Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Irbid District Electricity Company Ltd was established in 1957 as a public shareholding company that holds the exclusive rights to generate, transmit, distribute and supply electricity in the northern region of Jordan, which covers the districts of Irbid, Mafraq, Jarash, Ajloun, as well as parts of Balqa district. This represents approximately 26% of the total area of Jordan, covering 23,000 square kilometers. In January 2010, the Company acquired a 20% stake in Jordan Dubai Telecom and Technology.

Headquarters
Rateb Bataineh Str, P.O Box 46
Irbid; Irbid; Postal Code: 21110

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Website: http://www.ideco.com.jo

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:
1957
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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55.46%
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8.302%
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5%
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4.268%
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1.687%
Subsidiaries
Nour Al-Shamal Company For Commercial Projects And Services - Private Limited Shareholding
Company Performance
Financial values in the chart are available after Irbid District Electricity Co Ltd 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.
Net sales revenue
7.33%
Total operating revenue
7.08%
Operating profit (EBIT)
-59.55%
EBITDA
-37.45%
Net Profit (Loss) for the Period
-84.26%
Total assets
5.77%
Total equity
-2.26%
Operating Profit Margin (ROS)
-4.46%
Net Profit Margin
-3.33%
Return on Equity (ROE)
-12.55%
Debt to Equity Ratio
54.53%
Quick Ratio
-0.07%
Cash Ratio
0.07%

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