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Amirkabir Petrochemical

Spectacular progress of production, sales and net profit indices of Amirkabir Petrochemical during the first 8 months of 2020.

Spectacular progress of production, sales and net profit indices of Amirkabir Petrochemical during the first 8 months of 2020.
Bilgioil - Amirkabir Petrochemical with the total production of 936257 tons and sales of 632696 tons, have succeeded to reach 59% growth in comparison to previous years due to the record of highest production amount and sales of 259.936.79 million Rials in a period of 8 months.

Amirkabir Petrochemical with the total production of 936257 tons and sales of 632696 tons, have succeeded to reach 59% growth in comparison to previous years due to the record of highest production amount and sales of 259.936.79 million Rials in a period of 8 months.
According to Amirkabir Petrochemical Public Relations, this amount of production has recorded of the highest earnings per share (EPS) of 967.4 Rials, which has increased by 290% compared to last year. this shows the highest amount of earnings per share.
Considering the value of each EPS unit, Amirkabir Petrochemical Company has achieved a net profit of 502.879.179 million Rials during this period of 8 months. This figure is more than total profit on March 2019 and 2018.

The highest profit record of Amirkabir Petrochemical was related to 2018 with the amount of 050.952 million Rials, which shows that the profit amount of Amirkabir Petrochemical during the 8 months ending November 2020 is equal to twice the highest record during a fiscal year.

The highest record of total polymer sales:
Also, Amirkabir Petrochemical was able to record the highest total polymer sales in the first 8 months of the year with the sale of 407672 tons of polymer, which has the highest added value for Amirkabir Petrochemical and has had the greatest impact on EPS.

In the field of production, in addition to record of 936257 tons in various products, it has managed to record 405914 tons in the production of polymer.
These polymer units show a growth of 78% with a sales volume of 708,318,708 million Rials compared to the previous years.
Assuming that this trend will be continued, Amirkabir petrochemical will expect the total production of 117 thousand tons per month which equals 1.404.386 tons per year in various products.
Also, monthly average of polymer products with the amount of 51 thousand tons will lead to the production of 610 thousand tons of polymer products.

Dec 14, 2020 14:29
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