The net profit of Shahid Tondgooyan Petrochemical Company recorded a growth of 76% in the last fiscal year (ended March 20, 2021) compared to the previous year.
The company earned more than $105 million last year while the figure was $60 million a year ago, the National Petrochemical Company’s news website Nipna reported.
The company's sales also increased by 41% from $350 million to $500 million in the same period.
The company has achieved a rise in sales and net profit by increasing the production capacity and diversifying the production of new petrochemical items.
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