Revenues of Iranian TSE-Listed Mining Firms Double to $13.4 Billion

The Iranian Mines and Mining Industries Development and Renovation Organization has released a new report on the sales of 74 heavyweight Tehran Stock Exchange-listed mining and mineral companies.
According to the report, the aggregate sales volume of firms under review stood at 3.22 quadrillion rials ($13.4 billion) during the last Iranian year (ended March 20, 2021) to register a 105% rise compared to the year before.
Their sales volume during the 12th month of the year (Feb. 19-March 20) stood at 446.1 trillion rials ($1.8 billion) to register a 22% increase compared to the previous month and a 203% rise compared to the previous year's similar month.
Mobarakeh Steel Company registered the highest sales volume among the firms during the period with 774.6 trillion rials ($3.22 billion), up 98% year-on-year. The company’s sales during the 12th month of the year stood at 11.1 trillion rials ($46.2 million), indicating a 336% YOY increase and a 33% month-over-month decrease.