The sales revenue of Mobarakeh Steel Company jumped 20%

Mining News Pro - With a good understanding of the importance and role of production in the industrial and economic cycle of the country, Mobarakeh steel began the year 1403 by setting numerous records and increasing productivity in April and May, and a brilliant performance in production, product sales and profitability for stakeholders and shareholders. “In addition to the successes achieved in the field of production, this company has also succeeded in earning income from sales; So that in the first two months of the year, with the sale of one million and 514 thousand tons of products in both domestic and export markets, it earned 481 thousand and 925 billion Rials, which shows a 20% increase compared to the same period last year,” says Mahdi Koveiti, economic and financial deputy of MSC. “In general, considering the sales performance of the first two months of the year and the successes achieved in production, it is expected that the profitability of the company in the first quarter of the year will be in a more favorable situation compared to the previous year. At the same time, we hope that by God's grace and with the efforts of all our colleagues, with the continuation of this process, we will see more profitability and productivity growth in Mobarakeh Steel,” he added.