Possessing 2,400 IRR bn capital, Rayan Saipa Leasing Company recognized 317 IRR EPS at the end of the FY2014. It is so while this company had realized 316 IRR EPS with 1,200 IRR capital which could be 158 IRR considering the current capital. Rayan Saipa’s income from its leasing companies reached 1,954 IRR bn, showing a 72% rise and its leasing operations’ financing costs grew by 60% which could double the gross profit amount to 668.9 IRR bn. Besides, this company’s operating profit also rose by 786% standing at 436 IRR bn and its investment income jumped up by 44%. These factors contributed to the realization of 101% more profit for this company.
FibrIran Company released its audited financial statements for the FY2014 ending March 19, 2015. Holding 50 IRR bn capital, this company recognized 244 IRR loss per share while this amount was 4 IRR with the same amount of capital for the same period last year. In this year, its net sales amount decreased by 8% while its final costs grew by 4%; as a result, its 6 IRR bn gross profit in 2013 turned into 935 IRR bn in 2014. Besides, its administration, public, and sales costs rose by 16%; its final costs jumped up by 292% and its operating loss increased from 3.4 IRR bn to 12.4 IRR bn in 2014. It is worth mentioning that this company’s production and sales amount decreased by 20% and 21%, respectively which resulted in the 8.4% fall of the sales amount, compared to the last year’s. In conclusion, the 16% increase of selling prices could not make any profit and in fact, produced loss.
Khark Petrochemical Company released its financial statements for the FY2014 ending March 19, 2015. According to this report and having 2,000 IRR bn capital, this company could recognize 3,433 IRR EPS while its real profit with 1,000 IRR bn capital was 9,070 IRR EPS in the last year; considering the current year’s capital, this company could make 4,535 IRR EPS in the last year. Its net sales amount reached 13,269 IRR bn by a 7% fall; its final cost grew by 10% which altogether resulted in the gross profit of 7,834 IRR bn being 16% less than the last year’s. Its production jumped up by 13% and its sales amount rose by 12%. Furthermore, its sum of expenses grew by 13%; its operating profit decreased by 23%; and its selling price ratio also dropped by 17% compared to the last year which resulted in the 24% fall of its return ratio.
TSE at a Glance
Summary of trades
IFB at a Glance
Trading Halts & Delays
Still, nuclear talks’ probable results are the most important headlines of the news. Every announcement by any authority can exert its own and specific positive or negative influence on the market. No one is quite sure about the final results. A wave of ambiguity is blowing on the market. However, it is of significant importance to remember that in case of reaching any agreement, nothing is signed; in fact, the deal will be signed only after being approved by the United States’ Congress and Iran’s Parliament and this estimated 6 month time gap may have its own influences on the market. Nevertheless, in case of reaching any agreement or re-extending the deadline, the market will after a while resume its relatively logical behavior far from emotional and temporary decisions. As a result, we expect to see a bearish price trend then because right now, shares are not traded for their real values. Consequently, it is still considered wise to take actions slowly and realistically.
DISCLAIMER: This report has been prepared and issued by Agah Brokerage Firm on the basis of publicly available information, internally developed data and other sources believed to be reliable. The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. Agah does not assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions. Any expressions of opinions are subject to change without notice.
To contact the reporters: Negar Moshirfatemi at firstname.lastname@example.org