The talent of state-owned companies in creating stock market losses

According to Tejarat News, statistics show that 70 to 80 percent of the country’s budget belongs to companies, banks and government-affiliated institutions. The figure of this budget for this year is about three thousand thousand billion tomans. But there is usually no talk of corporate spending in the Iranian economy, while major political and economic groups in the country are reluctant to manage corporate and government-affiliated companies with significant turnover.

Despite this issue, in order for the government’s transparency slogan to be implemented, the companies’ performance must be uploaded on the Cadal site.

Users and economic activists protested against this issue in cyberspace. Payam Eliaskordi, a capital market expert, tweeted: “Custom managers, bus hiring, inefficiency, waste of money, flattery and… its results today show the accumulated losses of state-owned companies. “The solution is simple: make all companies private (real) from tomorrow morning. The private sector has neither the treasure of Qarun nor Ayub’s patience to force it to fix it on its own!”

A capital market activist wrote: “With the flood of loss-making reports in Kadal, I am now convinced that the Imam of your time has really kept your country until now.”

“I feel bankrupt tonight. I was in the place of these government managers and the company or organization under my management was losing so much, I could not sleep until morning.”

“Low productivity is more pronounced in state-owned enterprises in consolidated financial statements. “It is suggested that subsidiaries also disclose information by disclosing the financial statements of parent companies.”

The new relationship between the conservation plan and Kadal

Some users and economic activists looked at the publication of tax returns from the other side. A user wrote: “I am afraid that tomorrow, because of these reports published in Kadal, those who oppose the protection plan will agree and approve it with such urgency that Kadal is endangered and the dignity of the managers has been questioned!” “He hit Instagram with a difference!”

“The recent transparency of government companies and organizations in Kadal is a clear example of the poor performance of government managers in wasting resources and distributing resources and rent without the least return.”

“In a strange and, of course, interesting move, the financial statements of 313 state-owned companies were published in Kadal! In a word: the government is bankrupt! It is difficult for me to digest the accumulated loss figures. It is questionable how much accounting and auditing standards have been observed. “Institutions, properties, etc. are not in a better position.”

“According to the latest Kadal report. “Iran’s economy is bankrupt.”

“It is not an art to show the losses of state-owned companies in Kadal.” We all knew that most state-owned companies are loss-making; would you make them profitable without using leverage revaluation leverage? Do you have such art? ”