25 October 2022 - 16:57
  • News Code: 463422
44% Growth in net Profit of Amirkabir Petchem Plant

TEHRAN (Shana) -- Amirkabir Petrochemical Company registered a 44% growth in its net profit and 29% in its operating income in the first half of the current calendar year, which began on March 21.

According to Amirkabir Petrochemical Company, Kodal System announced that this company registered a profit of 750 riyals per share in the period ending on September 22, which, compared to the same period last year, rose by 44%.

Amirkabir Petrochemical Company also has a 29% increase in operating income compared to last year.

Production more than Nominal Capacity

Amirkabir Petrochemical Company also managed to achieve a significant production record in its olefin unit, which is unprecedented in its 6-month books.

It is worth mentioning that low density polyethylene and linear low density polyethylene plants were able to exceed the nominal capacity of the unit by one percent and seven percent, respectively.

Amirkabir Petrochemical Plant is the producer of the most diverse polyethylene grades in the country, which is located in the 4th petrochemical special economic zone in Mahshahr County. 52% of the shares of this company belong to Refah Capital Development Holding, which belongs to Refah Karkaran Bank and the Ministry of Cooperatives, Labor and Social Welfare.

News Code 463422

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