Iranian Tobacco Company Works Out Expansion Plan

Iranian Tobacco Company produced 2.4 billion cigarettes over the first quarter of the current year (March 20-June 20), which puts its monthly average output at 800 million. 
ITC is planning to increase its monthly production during months ending August 21 and Sept. 21 to one billion, ISNA reported. 
Over the four-month period leading to July 21, ITC’s sales increased by 37% and 40% in terms of number and value, respectively. 
One of the main goals the company has set for the current Iranian year (March 2020-21) is to reclaim its lost market by increasing its output and sales by 200%. To that end, it plans to restart one of its abandoned production lines in Tehran after three years.