carEconomicalEconomicalcar

“Khodro” gas bed on Zayan road / Why Iran Khodro made 32 Hemat Zayan? – Tejarat News


According to Tejarat News, the review of the annual financial statements of Iran Khodro in 1401 indicates that the total income of “Khodro” has reached 188 thousand 150 billion tomans this year with a growth of 71%. However, the conditions have not progressed according to profit making, because the price of Iran Khodro’s sold goods has increased by more than 81% compared to 1400 and has reached 209 thousand 14 billion tomans.

The cost price of Iran Khodro products in 1401

Growth of 3.7 times the net loss of “Car” in one year

The surplus of the cost and income of “Khodro” caused Iran Khodro to once again go towards losses with open arms. So that the company’s net loss last year was more than 3.7 times compared to 1400 and it was a disastrous performance for this company.

Profit making of Iran Khodro
Profit and loss of Iran Khodro in the last 5 years

Also, Iran Khodro’s financial expenses, which are considered part of the company’s operations, increased by 94% and the company’s operating loss jumped by 223%, so that 29 thousand 932 billion Tomans were recognized as a result of Iran Khodro’s operations in 1401.

Finally, Iran Khodro completed its black record in 1401 with a net loss of 31,876 billion tomans. It can be said that Iran Khodro has lost the path of profit making and completes its financial statements only with losses.

Why does Iran Khodro make losses?

To check why Iran Khodro is making heavy losses, you should look at Iran Khodro’s production and sales performance report. The company’s sales last year increased by 34% compared to 1400 and reached 610,759 units. At the same time, the price of the company’s products has increased by an average of 44%.

The amount of production and sales
The amount of production and sales of Iran Khodro

On the other hand, the production cost of the company’s sold goods has increased by about 67% due to the increase in raw materials, direct wages and manufacturing overhead. This caused the final price of the company’s goods to increase compared to its total income and lead the company to losses.

Read more reports on the stock news page.

Leave a Reply

Back to top button