Bou Ali Sina Petchem Company Achieves 90% Revenue Surge

Bou Ali Sina Petchem Company Achieves 90% Revenue Surge
(Wednesday, March 6, 2024) 14:47

TEHRAN (NIPNA) -- Bou Ali Sina Petrochemical Company, which has set numerous performance records in recent years, has achieved a new milestone in revenue this time.

According to Bou Ali Sina Petrochemical Company, the company with a capital of approximately $24.7 million (1,435 billion Tomans) and a market value of approximately $1.49 billion (86,258 billion Tomans) reported a 90% growth in revenue compared to the same period last year in its monthly report ending in February of the current Iranian calendar year.

The revenue from sales in February of this year, in comparison to the previous month, witnessed a 6% increase and compared to the same period last year (sales of approximately $55.0 million or 3,185 billion Tomans in February 2022), it experienced a staggering 90% growth.

The cumulative revenue for the 11-month period of Bou Ali Sina Petrochemical Company showed a 12% growth compared to the previous year, with the highest revenue generation of the company coming from its heavy cut product, which accompanied export sales of approximately $40.7 million (2,362 billion Tomans) and domestic sales revenue of approximately $21.3 million (1,235 billion Tomans). Each US dollar is considered to be worth 58,000 tomans.

Email is required
Characters left: 500
Comment is required