MSC: 300 Million USD of Revenue from Export

According to Mining News Pro - Financial Deputy of Mobarakeh Steel Company confirmed the news. “With a good team work, our company succeeded to reach a good profit and 300 million dollars of income from exports in the H1.”

Tahmoures Javanbakht mentioned that the reason for this 91 percent raise of profit in H1 comparing to last year is 104 percent increase in operating income.

Domestic sales revenue is 1.5 billion dollars and export revenue is 300 million dollars.

Financial deputy of MSC also said: “During the first six months of this year, the company’s gross profit increased by 125 percent from 424.4 million to 943.9 million dollars. This is while the operational revenue of our company raised by 85 percent in the first half of this year compared with same period last year.”

“By choosing smart strategy, we gained a very good profit and the development plans were efficient for shareholders and stakeholders,” Javanbakht said.