Amman, May 4 (Petra) -- The general assembly of Jordan Telecom Company - Orange Jordan approved the board of directors' recommendation to distribute cash dividends to shareholders amounting to JD41.25 million, equivalent to 220 fils per share. This represents 99.5% of the company's net profits and 22% of its capital, which stands at JD187.5 million.

The decision was taken during the company's thirty-first annual general assembly meeting, which was chaired by the company's chairman, Raslan Deiranieh, in the presence of the board members, CEO Philippe Mansour.

According to the financial data disclosed in the company's financial statements as of the end of December 31st, 2024, the total revenue amounted to JD361.3 million, while the customer base reached 4.5 million subscribers across all services. Capital expenses during 2024 amounted to JD75.5 million, representing 20.9% of the company's total revenue. Most of these expenses were allocated to investments in the 5G network development projects and the expansion of the fiber network. It's worth noting that Orange Jordan has invested approximately JD1.7 billion in network infrastructure since 2000.
//Petra// AF

04/05/2025 23:28:03