✅️ 21% growth in net profit and 106% sales of Qeshm products
✅️ The General Assembly of Farvard Qeshm Chemical Company, one of the subsidiaries of Petrochemical Industries Investment Company and Tapico, today, Saturday, May 17, at the conference hall of Petrochemical Industries Investment Company, with the presence of shareholders’ representatives and Petrochemical Oil Gas Investment Companies (Tapico), Petrochemical Industries Investment Company, and shareholders’ representatives of companies Pipeline gas production and Hamon Kish investment was held and its financial statements were approved.
✅️According to the public relations report of Farvard Qeshm Company and based on the audited financial statements, the amount of sales in the financial year ending on March 29, 1400 has increased by 106% compared to the same period.
✅️Also, Qeshm’s net profit growth rate compared to last year was 21%, operating profit growth was 67%, and gross profit growth was 66%.
✅️ Farvard Qeshm Chemical Company is a producer of three-layer polyethylene bags and three-layer polyethylene shrink in the field of petrochemical packaging industry, and it is one of the companies of Lulu Gas Group and a subsidiary of Petrochemical Industries Investment Company.