Nouri shareholders read / Why did “Nouri” profitability increase?

According to Tejarat News, Nouri Petrochemical announced the reasons for the change in its operating profit in an announcement. Based on this announcement published in Kadal. Nouri has stated that the main reason for the change of more than 30% of his profit and income is the increase in oil prices and, consequently, the increase in the sales rate of his products in the first 6 months of this year.

Also, due to the increasing trend of product prices and, consequently, the production of products from feed received in previous months, which were purchased at a lower rate, the company’s profit has increased.

In the first six months of this year, Nouri Petrochemical has achieved a profit of more than 805 tomans per share, which has increased by 71% compared to the same period last year.

Also, the revenue of this petrochemical in the first half of this year was more than 31 thousand billion tomans, which was 121 percent more compared to the same period last year.

During today’s trading, Nouri is trading at a price of 10,800 Tomans and in the negative range. Despite the symbol’s high return of 100% in the past year, Nouri has dropped by more than 14% in the last month.

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