Products made a profit in 9 months equal to the total profit of last year/Production and sales records improved
Qeshm Faravard Chemical Company achieved a profit in the first 9 months of this year equal to the total profit of last year, and in addition, in the first 9 months of this year, it recorded a significant 133 percent growth in production and 135 percent growth in sales compared to the same period last year.
According to the public relations report of Qeshm Faravard Chemical Company, in the first 9 months of this year, it recognized a profit equal to the total profit of last year. In addition, in the first 9 months of this year, the company managed to record a 133 percent growth in production and 135 percent in sales compared to the same period last year, improving its production and sales record of recent years.
Hamed Masineh Asl, CEO of Qeshm Faravard Chemical Company, while appreciating the performance of his staff regarding the company’s 9-month performance in 1403, said: “Since the beginning of our presence in this company, we have made every effort to accurately identify the challenges and remove the main obstacles to production that caused the decrease in production, and we have been successful in this to a large extent. Now we are witnessing that in the 9 months of this year, we have produced a total of 4,342 tons, which is a 133% growth compared to the same period last year. We also experienced a 135% growth by recording 4,362 tons of sales of our products, which can be evidence of the fruition of some of our efforts at Qeshm Faravard Chemical Company.”
He continued: “The company faced numerous challenges and limitations, including power outages and food shortages in the first nine months of the year. Through continuous communication with the authorities and the efforts of the commercial team, we were able to meet a significant portion of our food needs. For the first time in the history of this company, the company has not faced a food shortage for 28 days of the month, which in itself is a great success for this company.”
It is worth noting that Faravard Qeshm Chemical Company, a subsidiary of Shasta Holding, Tappico Holding, and Petrochemical Industries Investment Company (PIIC), is located in the downstream industries of petrochemical industries on the site of a petrochemical special economic zone, and the main activity of Faravard Qeshm Chemical Company is the production of polyethylene products, including three-layer polyethylene FFS bags, shrink wrap, and pallets.
