Ghazer’s fundamental analysis / the increase in the sales rate of the financial statements of food products – Tejaratnews
According to Tejarat News, as discussed in Shepaksa’s fundamental analysis report, the problem of inflation continues to plague the production boom in Iran’s economy. Because the increase in the price of the dollar has increased day by day the costs of production, including transportation and maintenance, as well as some raw materials of the companies.
At the same time, it is raised that if the price of food products does not increase, the companies will also lose their minimal competition with refining and metals. Because the profits of export-oriented companies are not so affected by the increase in the price of the dollar and the pressure of inflation, and these are the smaller companies that, in addition to struggling with mandated pricing and inflation, still feel the threat of reduced profit margins on their performance.
Meanwhile, the long-rumoured rate hike on food products is finally about to happen, and this will be a turning point for companies in this group.
Because with the increase in the price of this group of products, companies sell their products at a higher price, and this provides the basis for increasing the profitability of companies in the new year.
Ghazer production and sales record in March 1401
Reviewing the monthly performance report of Piyazer Agriculture and Industry Company in the last month of 1401 shows that the company managed to produce only 495 thousand units of its products in this 30-day period.
Comparing this number with the company’s production of 1,53,000 units in February shows a 53% decrease in this figure in March.
Also, the total amount of the company’s production in March 1400 was recorded as 1,210,000 units (tons). All the mentioned points indicate the unacceptable production performance of the company in March 1401.
Further investigation of this report shows that the sales amount of the company in March 1401 is equal to 743 thousand tons, which compared to the sales of 1,344,000 tons in February 1401 and 1,153,000 tons in the same period of 1400, which is 45 and 36%, respectively. has dropped
It should be mentioned that Ghazer earned about 9 billion and 804 million tomans from the sale of 743 thousand pieces in this month, which is about 40% less compared to the income of Bahman 1401.
It should be mentioned that Piyazer Agriculture Company was registered in 1348 and at the end of Mehr of the same year and was put into operation three years after that.
The main subject of the company’s activity includes the creation of a production line for drying all kinds of agricultural products, and the production of powder for food and agricultural products. In general, Ghazer is active in the processing and transformation industries of agricultural products.
It should be mentioned that the company’s shares were offered for the first time on the Tehran Stock Exchange in December 2003 at a price of 286 Tomans. Currently, the shares of Piyazer Agriculture Company with a market value of 839 billion Tomans are traded in the second market of the stock exchange.
Read more reports on the stock news page.