BAKU, Azerbaijan, October 26. Iran’s Bouali Sina Petrochemical Company has seen remarkable growth in its net profit in the first half of the current Iranian year (March 21 through September 22, 2023), Trend reports.
According to the report, the company’s net profit rose by 74 percent to about $1.54 billion, compared to the same period last year.
At the same time, the company is expected to surpass its net profit of 78.2 trillion rials (about $1.86 billion) in the first nine months of the current year, which was 114 percent higher than the previous year (March 21, 2021 through March 20, 2022).
The company’s net income per share was 4,521 rials (about $0.10) in the first six months of the current year.
Iran's Bouali Sina Petrochemical Company in the Khuzestan Province (south-western Iran) can produce annually 180,000 tons of benzene, 40,000 tons of liquefied petroleum gas (LPG), 350,000 tons of light naphtha, 499,000 tons of heavy naphtha, 700,000 tons of white oil, various solvents, reformate, and other products.
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