Aryasasol Petrochemical 2024 General Assembly/ 34% increase in profitability, the gift of Aryasasol Board of Directors to shareholders

According to Energy Press, the meeting of Aryasasol company was held on April 26, 2024 with maximum attendance of shareholders. In this meeting, while informing the shareholders of the company’s performance report, they were also informed about the outline of the company’s vision, which includes the implementation of three important and profitable projects that will be operational in the next two years.

Aryasasol ‘s positive performance under the shadow of sanctions

Despite the sanctions, Aryasasol has been able to improve its export income due to entering new Asian markets from Southeast to India and China. However, the exchange rate has doubled the growth of the company’s export income and it has performed well in the last year due to the good profit margin. In 2023, this company has had a slight increase in sales, equivalent to 7% compared to last year; In other words, the sales of this company have experienced a 23% growth compared to last year. Of course, in 2023, the gross profit of the company is calculated to be 212,121,212 dollars, which has grown by 34% compared to last year. The company’s operating profit is 5% higher than last year.