Behind the scenes of the financial statements of Felda Khuzestan; An increase in profit due to a decrease in income and an increase in financing expenses.
Khuzestan Steel's revenue down, profit up; What did the national production get from this book?
The financial reports for the first quarter of 1405 of the Khuzestan Steel Company raised serious questions about the quality of profitability and the financing method of this industrial giant. The company's operating profit decreased by 8%, but the net profit increased by 24%. At the same time, the financial expenses increased by 31% and the total debts crossed the border of 102 thousand billion tomans. The question is clear: to what extent is this profitability the result of increased productivity and real production, and what part of the company's resources is spent on financial expenses and accrued liabilities?
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