Chloran Financial

Financial results: Chloran C.P.C. in a close competition with other rival producers in Iran has managed to take a notable share in Iranian market thanks to its innate superiority and maintaining a customer oriented approach in sales and a strict quality control. A brief financial report for the year ended March 20, 2001 is stated below:

  Net Sales- with downstream company target market sales
  US Dollar  Iran rial  
 Operating income $26,911,200   215,289,600,000
 Income before income taxes (Tax holiday) ----
 Net Income $5,920,464  47,363,712,000
  Per Common Share
 Net income per share $269.11 2,152,880
 Total Assets $1,500,000,000 12,000,000,000,000
 Total Shareholders’ Equity $68,181.80 545,454,400
Employees: 925 people considering downstream company employees, transportation and packaging sections workers, actually  52 people directly working in Chloran Complex (reduced from originally designed 200 workers)
 
 

Copyright © 2003 Simorgh Samaneh  Inc.

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