Jordan Steel P L C : Disclosure (JOST) 2024 04 03

JORDAN STEEL

To: Jordan Securities Commission,	ﺔﻴﻟﺎﻤﻟﺍ ﻕﺍﺭﻭﻻﺍ ﺔﺌﻴﻫ ﺓﺩﺎﺴﻟﺍ
Amman Stock Exchange	ﻥﺎﻤﻋ ﺔﺻﺭﻮﺑ ﺓﺩﺎﺴﻟﺍ
Company's Name: JORDAN STEEL	ﻥﺩﺭﻷﺍ ﺪﻳﺪﺣ :ﺔﻛﺮﺸﻟﺍ ﻢﺳﺍ
Date: 03-04-2024 11:55:36 AM	AM 11:55:36 2024-04-03 :ﺦﻳﺭﺎﺘﻟﺍ
Subject: Other Material Information	ﻯﺮﺧﻷﺍ ﺔﻳﺮﻫﻮﺠﻟﺍ ﺕﺎﻣﻮﻠﻌﻤﻟﺍ :ﻉﻮﺿﻮﻤﻟﺍ
JORDAN STEEL announces the occurrence of the	ﻦﻴﺒﻤﻟﺍ ﻱﺮﻫﻮﺠﻟﺍ ﺙﺪﺤﻟﺍ ﻉﻮﻗﻭ ﻦﻋ ﻥﺩﺭﻷﺍ ﺪﻳﺪﺣ ﺔﻛﺮﺷ ﻦﻠﻌﺗ
following material event:	:ﺔﻛﺮﺸﻠﻟ ﻩﺎﻧﺩﺃ
Material Event	ﻱﺮﻫﻮﺠﻟﺍ ﺙﺪﺤﻟﺍ
Date of event: 03-04-2024	2024-04-03 :ﻱﺮﻫﻮﺠﻟﺍ ﺙﺪﺤﻟﺍ ﺦﻳﺭﺎﺗ
The differences between the preliminary results and the	ﺔﻳﻮﻨﺴﻟﺍ ﺔﻴﻟﺎﻤﻟﺍ ﺕﺎﻧﺎﻴﺒﻟﺍﻭ ﺔﻴﻟﻭﻻﺍ ﻝﺎﻤﻋﻻﺍ ﺞﺋﺎﺘﻧ ﻦﻴﺑ ﺕﺎﻗﻭﺮﻔﻟﺍ
annual financial statements and reasons for these	ﻲﺟﺭﺎﺨﻟﺍ ﺕﺎﺑﺎﺴﺤﻟﺍ ﻖﻗﺪﻣ ﻦﻣ ﺓﺯﺰﻌﻣ ﺎﻬﺑﺎﺒﺳﺍﻭ
differences supported by the external auditor
Based on Article No. (8) of the Instructions for Disclosure	ﺕﺎﻛﺮﺸﻟﺍ ﺡﺎﺼﻓﺇ ﺕﺎﻤﻴﻠﻌﺗ ﻦﻣ (8) ﻢﻗﺭ ﺓﺩﺎﻤﻟﺍ ﻰﻟﺇ ًﺍﺩﺎﻨﺘﺳﺇ
of Exporting Companies, Accounting Standards, and	:2004 ﺔﻨﺴﻟ ﻖﻴﻗﺪﺘﻟﺍ ﺮﻴﻳﺎﻌﻣﻭ ﺔﻴﺒﺳﺎﺤﻤﻟﺍ ﺮﻴﻳﺎﻌﻤﻟﺍﻭ ﺓﺭﺪﺼﻤﻟﺍ
Auditing Standards for the year 2004:	ﻦﻴﺑ ﻲﻧﺩﺭﺃ ﺭﺎﻨﻳﺩ (704,436.00) ﻎﻠﺒﻣ ﻕﺭﺎﻔﻟﺍ ﻥﺄﺑ ﺢﻴﺿﻮﺘﻟﺍ ﺩﻮﻧ
ﺎﻬﻴﻓ ﻩﺭﺎﺴﺨﻟﺍ ﻲﻓﺎﺻ ﺖﻐﻠﺑ ﻲﺘﻟﺍ ﺔﻴﻟﻭﻷﺍ ﻝﺎﻤﻋﻷﺍ ﺞﺋﺎﺘﻧ
We would like to clarify that the difference is
(704,436.00) Jordanian dinars between the initial	ﺔﻳﻮﻨﺴﻟﺍ ﺔﻴﻟﺎﻤﻟﺍ ﺕﺎﻧﺎﻴﺒﻟﺍ ﻊﻣ ﻪﻧﺭﺎﻘﻣ ﻲﻧﺩﺭﺃ ﺭﺎﻨﻳﺩ (1,760,462.00)
business results, in which the net loss amounted to	ﻲﻧﺩﺭﺃ ﺭﺎﻨﻳﺩ ( 2,464,898.00 ) ﺎﻬﻴﻓ ﺓﺭﺎﺴﺨﻟﺍ ﻲﻓﺎﺻ ﺖﻐﻠﺑ ﻲﺘﻟﺍ
(1,760,462.00) Jordanian dinars, compared to the annual	ﺪﻨﺑ ﻲﻫﻭ ﻕﺭﺎﻔﻟﺍ ﻰﻠﻋ ﺕﺮﺛﺃ ﻲﺘﻟﺍ ﻪﻴﺳﺎﺳﻹﺍ ﺩﻮﻨﺒﻟﺍ ﺾﻌﺑ ًﺎﻴﻟﺎﺗﻭ
financial statements, in which the net loss amounted to	،ﻲﻧﺩﺭﺃ ﺭﺎﻨﻳﺩ (397,931.00) ﺔﻴﻟﻭﻷﺍ ﺕﺎﻧﺎﻴﺒﻟﺍ ﻲﻓ ﻩﺭﺎﺴﺨﻟﺍ ﻞﻤﺠﻣ
(2,464,898.00) Jordanian dinars. Below are some of the	ﺓﺭﺎﺴﺨﻟﺍ ﻞﻤﺠﻣ ﺮﻬﻇ ﺔﻳﻮﻨﺴﻟﺍ ﺔﻴﻟﺎﻤﻟﺍ ﺕﺎﻧﺎﻴﺒﻟﺍ ﻲﻓ ﺎﻣﺃ
basic items that affected the difference, which is an	ﻦﻋ ﻩﺭﺎﺒﻋ ﻮﻫ ﺽﺎﻔﺨﻧﻹﺍ ﻥﺃ ﺚﻴﺣ ،ﻲﻧﺩﺭﺃ ﺭﺎﻨﻳﺩ (358,616.00)
overall item. The loss in the preliminary statements was	ﺪﻨﺑ ﻦﻤﺿ ﺎﻬﺟﺍﺭﺩﺇ ﻢﺗ ﺔﻘﺑﺎﺳ ﺕﺍﻮﻨﺳ ﻒﻳﺭﺎﺼﻣ ﺐﻳﻮﺒﺗ ﺓﺩﺎﻋﺇ
(397,931.00) Jordanian dinars, while in the annual	ﺮﺋﺎﺴﺧ ﺕﺎﺼﺼﺨﻣ ﻊﺿﻭ ﻢﺗ ﺎﻤﻛ .ﻯﺮﺧﺁ ﻒﻳﺭﺎﺼﻣﻭ ﺕﺍﺩﺍﺮﻳﺇ
financial statements the total loss appeared (358,616.00)	ﺭﺎﻨﻳﺩ ) 1,095,000.00 ) ﺓﺭﺍﺪﻘﻤﺑ ﻪﻠﻤﺘﺤﻣ ﺕﺎﻣﺍﺰﺘﻟﺇﻭ ﺔﻴﻧﺎﻤﺘﺋﺇ
Jordanian dinars, as the decrease is a result of the	ﺭﺍﺪﻘﻤﺑ ﻪﻠﺟﺆﻣ ﺔﺒﻳﺮﺿ ﺕﺍﺩﻮﺟﻮﻣ ﺮﻓﻭ ﺖﻴﺒﺜﺗﻭ ﻲﻧﺩﺭﺃ
reclassification of previous years' expenses that were	. ﻲﻧﺩﺭﺃ ﺭﺎﻨﻳﺩ) 387,919.00)
included in the other revenues and expenses item.
Provisions for credit losses and potential liabilities have
also been made in the amount of (1,095,000.00)
Jordanian dinars and the provision of deferred tax assets
has been fixed in the amount of (387,919.00 ) Jordanian
dinars.
Please accept our sincere thanks and appreciation.	.ﻡﺍﺮﺘﺣﻻﺍ ﻖﺋﺎﻓ ﻝﻮﺒﻘﺑ ﺍﻮﻠﻀﻔﺗﻭ
Chairman of Board of Directors	ﺓﺭﺍﺩﻹﺍ ﺲﻠﺠﻣ ﺲﻴﺋﺭ
User Name: fadi AbuSbeah	fadi AbuSbeah :ﻡﺪﺨﺘﺴﻤﻟﺍ ﻢﺳﺍ

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