The consolidated performance report of Petrochemical Industries Investment Holding in the first six months of 1402 shows a significant increase in all indicators.
According to the public relations report of Petrochemical Industries Investment Company, PIIC Holding succeeded in achieving an increase in profits in all indicators compared to the same period in the year named by the Supreme Leader as the year of production growth and inflation control.
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According to the performance report for the first six months of the fiscal year 1402, Petrochemical Industries Investment Holding experienced an increase in consolidated net profit and growth of 89 percent, an increase in consolidated operating profit with growth of 78 percent, and an increase in consolidated operating income of 29 percent compared to the same period of the previous year.
Hojatollah Baramki Yazdi, CEO of Petrochemical Industries Investment Company, said regarding the latest status of the company’s ongoing projects: “Among the most important projects of this holding company are the opening of Phase 3 of the hard carbon black production line at Pars Industrial Carbon Black Company, the opening of the P-type industrial carbon black production line at Carbon Iran Company, the official return of vulcanization to production and an increase of 400 tons at Sahand Rubber Industries Company, and the restart of the palletizing machine at Faravar Qeshm Chemical Company after 15 years.”