BAKU, Azerbaijan, April 8. The net profit of Iran's petrochemical company Bouali Sina rose 180 percent during the first nine months of the last Iranian year (from March 21 through December 21, 2023) compared to the same period of the previous year (from March 21 through December 21, 2022), the data of Iran's Bouali Sina Petrochemical Company said, Trend reports.
According to the information, in the first nine months of the last Iranian year, the net profit of Bouali Sina Petrochemical Company amounted to 105 trillion rials (about $2.5 billion).
The information says Iran's Bouali Sina Petrochemical Company produced 2 million tons of petrochemical products in the last Iranian year (from March 21, 2023 through March 19, 2024). This shows that the production increased by 10 percent compared to the previous year (from March 21, 2022 through March 20, 2023).
Based on the information, on April 7, the company's market value was about 982 trillion rials (about $23 billion).
To note, Bouali Sina petrochemical company in Khuzestan province, located in southwest Iran, can annually produce 180,000 tons of benzene, 40,000 tons of liquefied gas (LPG), 350,000 tons of light naphtha, and 499,000 tons of gasoline. heavy naphtha, 700,000 tons of white oil, solvents, reformate, and so on.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel