Heavyweight TSE-Listed Mining Firms' Sales Top $9 Billion

The Iranian Mines and Mining Industries Development and Renovation Organization has released a news report on the sales of 73 heavyweight Tehran Stock Exchange-listed mining and mineral companies.
According to the report, the aggregate sales volume of the firms under review stood at 1,498 trillion rials ($9.79 billion) during the first 11 months of the current Iranian year (March 21, 2019-Feb. 19) to register a 71% rise compared with last year's corresponding period.
Their sales volume during the 11th month of the year (Jan. 21-Feb. 19) stood at 153 trillion rials ($1 billion) to register a 2% rise compared to the previous month and a 38% rise compared with last year's similar month.
Mobarakeh Steel Company registered the highest sales volume among the firms with 365.94 trillion rials (2.33 billion), up 76% year-on-year. The company’s sales during the 11th month of the year stood at 37.98 trillion rials ($248.23 million), indicating a 45% YOY increase and a 19% rise month-on-month.