The Covid-19 pandemic and its impact on profitability: case study of companies listed in Amman Stock Exchange during the years (2019 – 2020)

Abstract

The Amman Stock Exchange (ASE) is a major financial institution in Jordan, and the pandemic is likely to have had an impact on the profitability of companies listed on the ASE. This study aims to investigate the impact of the Covid-19 pandemic on the profitability of companies listed on the ASE during the years 2019-2020.

The study will analyze the impact of the pandemic on various financial indicators such as net profit, revenue, and operating income. This study also depended on analyzing the recommendations of previous research that’s been done on the same topic which were published in scientific journals during 2019-2022.

The findings of this study provide insights into the impact of the Covid-19 on the profitability of companies listed on the ASE. The results showcase that many companies were indeed affected by the pandemic, and other companies managed to minimize the side effects and survive this crisis.

Arabic abstract is available online.