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National Iranian Copper Industry Company sees increase in capital

Business Materials 16 August 2021 10:56 (UTC +04:00)
National Iranian Copper Industry Company sees increase in capital

TEHRAN, Iran, Aug.16

Trend:

National Iranian Copper Industry Company has announced a plan to increase its capital from $4.7 billion to $9.5 billion from the company's stock market accumulated profit to complement development plans.

The following capital would compensate part of investment in Persian Gulf distributing and water supply company for the national plan for water desalination and transmission from the Persian Gulf, Trend reports citing Fars News Agency.

National Iranian Copper Industry Company is currently considered as one of the fundamental and large companies of the capital market paying annual interest for shareholders.

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