Transparency of 8 listed companies in the Cadal system

According to Tejarat News, during the past few days, several announcements have been published under the title of “disclosure of important information” in the Cadal system, which are described in detail below.

“Karazi”: Razi Pharmaceutical Glass Manufacturing Company announced the reasons for changes in operating profit in the first six months of the year compared to the same period last year as follows:

1. Operating income increased by 42% compared to the same period, the main reason being the increase in the average selling rate of products per kilogram by 72%, the main reasons being:

Increasing the prices of domestic products based on the approvals of the Iranian Glass Association in three shifts in November 1999, May and July 1400.

Rising prices for export products due to rising global prices for glass bottles.

۲. The cost of operating income increased by 26% compared to the same period last year. The cost price has increased by 50% per kilogram, the main reasons being:

Increasing the rate of molten raw materials, especially packaging materials.

Increasing salary and overhead costs.

In total, and according to the explanations provided, the company’s operating profit in the first six months of 1400 compared to the same period last year, shows an increase of 57%.

«حآسا»: AsiaSir Aras Company announced that following the announcement of Foolad Mobarakeh Company regarding the addendum to the contract No. 48461822 between Foolad Mobarakeh Company and Asyasir Aras Company (subject to rail transportation of Foolad Mobarakeh Company’s export products to Bandar Abbas) regarding the increase of the interest rate by 44% compared to the previous one year rate of 44%. Date 01/03/1400 to 31/02/1401 with a value of 57 billion Tomans, the details of which will be presented in the 9-month management commentary report ending on 09/30/1400, it is worth mentioning according to the previous procedure and the agreement and minutes of this meeting. Company with the employer This rate increase has been taken into account and disclosed in the monthly income calculations and 6-month profit and loss report ending on 06/31/1400 from 01/03/1400.

“Labutan”: Bhutan Industrial Group Company published explanations about the information and financial statements published in Kedal system. Accordingly, the company attributed the 70% increase in operating profit in the first six months of 1400 compared to the same period last year to the increase in sales rates and stated that the operating profit margin ratio in the same comparison does not show a significant change.

“Compass”: Casting sand supply company announced that according to the decision of the board of directors dated 15/09/1400, due to the increase in the general level of prices and the growth of the cost price of the product, the board of directors by increasing the prices of some products (casting and industrial sands) The average agreed about 19 percent from 09/16/1400. The sales amount of these products in the previous fiscal year was 55.1 billion tomans and its sales ratio to the total revenue of the company in the previous fiscal year was 100%.

«خپارس»: Pars Khodro Company regarding the latest measures taken to increase the company’s capital by 2.6 trillion Tomans from the receivables and cash receipts announced that after obtaining the agreement of the major shareholder to increase the capital based on paragraph 3 of Minutes No. 686 of Saipa’s Board of Directors, correspondence with the auditing organization on 19 07/07/1400 In order to conclude a contract, a review of the justification report for capital increase was performed and after receiving the contract, a briefing report was submitted to the audit organization on 05/08/1400 and the report is being reviewed. Kadal will inform the esteemed shareholders.

“Melting”: Isfahan Steel Company explained the reasons for the increase in the company’s operating profit. Accordingly, the company announced that the return to the notification dated 4/4/147, the most important reasons for the increase in operating profit of the company by 160% according to the latest information and financial statements of the first 6 months of 1400 compared to the same period last year are as follows: Production of molten cast iron in the first 6 months of 2014 compared to the same period last year by 5%, which has reduced fixed production costs per herton. Further growth in the selling price of products compared to the cost of production, which was due to the increase in sales rates (especially in the field of exports) with the increase in world steel prices and the increase in the dollar exchange rate. Increase sales mix of higher value-added products such as rail by 60%, coil by 50% and tunnel arch by 5%.

“Wisdom”: Hekmat Saba Insurance announced the non-achievement of the result of holding an auction of an office building with an area of ​​1514 square meters with a base price of 91 billion Tomans. The company announced that the auction was canceled due to the profitability of the company, according to the members of the trading commission.

“Construction”: Iran Construction Investment Company announced that following the letter announcing the elimination of deficiencies related to the request to review the capital increase from the place of revaluation surplus and capital accumulation, in this regard, necessary measures are being taken to eliminate the declared deficiencies and request the revaluation of long-term investment class assets Justice has been done.

Source: the world of economy