Farabi Petchem Output up 40% Y/Y in H1

Farabi Petchem Output up 40% Y/Y in H1
(Sunday, October 17, 2021) 17:04

TEHRAN (NIPNA) -- The CEO of Farabi Petrochemical Company said the plant’s output in the first half of the current calendar year, which began on March 21 was 15,638 tons, which indicates a 40% growth in the company's year-on-year output.

According to the public relations of Farabi Petrochemical Company, the revenue from the sale of products in the first six months of this year rose by 153% compared to the same period last year.

Fakhraei, said: "Considering the company's sales in the first six months of this year, which was equivalent to 3,177 billion rials, has been accompanied by a good growth compared to the same period last year."

He expressed hope that the company's sales will reach a record high of more than 7,000 billion rials by the end of the calendar year of 1400.

Referring to the production of 11,221 tons in the first six months of last year, which was unprecedented in its kind after years of stagnation and recession, he added that the company’s H1 output stood at 15,638 tons, which indicates a 40% growth.

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