NICICO: 125% Expansion in Revenue Last Year
Mining News Pro - NICICO’s revenue from product sales in March 2020 was $157.4m which grew by 34.53% compared with the same period last year.

According to Mining News Pro - National Iranian Copper Industries Company announced that compared to February, sales rates expanded by 34.65% in March. The income compensated the sales rate plummet in February.

According to the report by NICICO, Jun 2019, January 2020, and March 2020 was best-selling months for this company.

With capital of $487.5m in last year (solar year), the company gained more than $1.4b of revenue from product sales. This means 124.59% increase compared to the same period last year.

National Iranian Copper Industries Company exported 9578 tons of copper cathode, 23224 tons of concentrate, 42 tons of molybdenum oxide.

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