Presentations

In 2024, the Jordanian Duty Free Shops Company recorded outstanding financial performance, with sales reaching JOD 94.57 million, reflecting a 20% growth compared to the previous year. Net profit after tax amounted to JOD 10.37 million, marking a 37% increase. Based on these positive results, the Board of Directors recommended a cash dividend distribution of 37% of capital, reaffirming the company’s commitment to delivering rewarding returns to shareholders.

On the strategic expansion front, the company signed a significant agreement through an alliance with “JAH,” Germany’s “Heinemann,” and Saudi Arabia’s “Astra” to operate duty free shops at King Abdulaziz International Airport in Jeddah. The project is expected to launch in mid-2025, strengthening the company’s regional presence and creating new growth opportunities.

As part of its internal development efforts, management focused on improving the work environment and empowering human talent, in addition to upgrading operational systems and reinforcing compliance with governance and regulatory practices. The company also continued to enhance its market performance through maintaining share price stability, sustaining annual dividend distributions, and fully committing to disclosure and transparency via the Amman Stock Exchange.

Looking ahead, the company remains optimistic, with plans to expand into new regional markets, invest in enhancing the digital travel experience, and pursue sustainable growth and profitability in line with the aspirations of shareholders and stakeholders.