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MSC posts 26 percent growth in positive earnings per share
Mobarakeh Steel Company (MSC) has announced positive earnings per share (EPS), this year. The positive earnings per share, the second in the 12 months to March 20, 2018, registered a 26 percent increase to stand at 5.145 trillion tomans, that is, 686 rials for each share.
Amirhossein Naderi, the chief economic and financial officer at MSC, said that the company owes its back-to-back achievements to efforts of its staffers, higher productivity, optimal use of the potential of the equipment installed [along MSC production lines], continuous record setting when it comes to production of various items, growing sales, and management of the factors that play a role in the cost price of products. 
He said the company’s current profit rate is the highest since its launch. “In the first nine months of the current Iranian year, Mobarakeh Steel Company earned 3.68 trillion tomans in net profits (that is, 491 rials per share), covering as much as 90 percent of its projected profits.”  
He also said that the company has already secured the expected earnings of 571 rials per share in the first 10 months of the year, and has raised the yearend projected net earnings to 686 rials per share, posting 26 percent growth. 

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