Today Picture
MSC has had brilliant performance so far this year



Hot-rolled steel products
Cold-rolled steel products
Coated steel products
Others
Nine months to December 21, 2017
Nine months to December 21, 2018
A breakdown of MSC’s sales volume for various products in the nine-month period in 2018 over similar period in 2017 (thousand tons)
 
MSC’s revenues in the nine-month period in 2018 over similar period in 2017 (million rials)
Nine months to December 21, 2017
Nine months to December 21, 2018
 
MSC’s profitability in the nine-month period in 2018 over similar period in 2017 (million rials)
Nine months to December 21, 2017
Nine months to December 21, 2018
 
Mobarakeh Steel Company (MSC) has posted 90 percent growth in profits (seven trillion tomans) it has generated in the first nine months of the year (March 20 – December 21, 2018) over corresponding period last year.
MSC’s Chief Financial Officer Amir-Hossein Naderi said that as a trailblazing company in the steel industry, Mobarakeh Steel has always had a stellar performance.
He went on to say that production and revenue generation are the centerpiece of the national economy. “On the back of cooperation between its managers and members of staff, MSC, which is a pillar of the industry in Iran’s economy, has managed to generate 16.15 trillion tomans in revenues in the nine-month period, up 46 percent over similar period a year ago which saw the company earn around 11 trillion tomans.”
Naderi said Mobarakeh Steel Company has set a new record in its performance when it comes to revenue and profit generation and added thanks to the enormous efforts the company has put in - despite restrictions - the giant steelmaker pays its shareholders some 932 rials in dividend per share (DPS).  
He said the company has exported 747,000 tons of steel products to target markets nine months into the Iranian year (which ends on March 20, 2019). He also credited the increase in the company’s revenues to soaring production, productivity and pricing.


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5.5/10 (Votes 10 People )