The 9-month report of 1401 Khodro and Khasapa / Khodro finally came out of losses – Tejaratnews

According to Tejarat News, with the publication of the 9-month financial statements of the car manufacturers, the question is raised, what performance did the two major car companies present in this 9-month period?
This report has reviewed the 9-month financial statements of two Iran Khodro and Saipa companies.
car
The financial statements of 9 months leading to the end of Azar 1401 Khodro show that this company has finally reached profitability. As shown in the chart, Iran Khodro increased its operating profit to 3,251 billion tomans and its net profit to 114 billion tomans in this 9-month period.
This difference between operating profit and net profit is caused by the reduction of non-operating income of this company.
Also, the production and sales report of this company in this 9-month period shows that the production of Iran Khodro has increased by 29% in this 9-month period compared to the same period in 1400.
Also, the amount of total car sales during this period has increased by 42% compared to 9 months of last year.
Of course, the total income (total sales amount) of this company in the 9-month period of 1401 faced a 72% jump, the most important reason of which is the 45% increase in the sales rate of this company’s cars.
Khasapa
Unlike Iran Khodro, Saipa Company could not get out of losses and make profit in this period.
Of course, the loss caused by this company’s operations in the 9 months ending at the end of December this year has decreased by 61% compared to the same period last year and has reached 1,535 billion tomans.
The net loss of this company has also decreased by 49% in this 9-month period compared to the same period in 1400 and recorded the number of 3,726 billion tomans.
Also, this company has recognized a loss of 19 Tomans per share in this 9-month period.
In contrast to the 29% increase in Iran Khodro’s production, Saipa’s total production increased by only 2% in this period and reached 259,378 vehicles.
Also, the sales amount of this company has jumped by 29% in this period. In this way, Saipa has sold 294 thousand and 288 machines in 9 months of 1401.
Of course, the total income of this company from the sale of products has jumped by 49%, which is caused by the increase in the sales rate of Saipa products.
Read more reports on the stock news page.