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the intensification of Saifeh's financial crisis in 1404; Declining Sales and Growing Losses Saifa's audited financial statements show that this company faced declining revenues and production and increasing losses in the 1404 fiscal year. The operating profit of the main company reached 86 thousand 807 billion tomans with a drop of about 20% and its net loss exceeded 24 thousand 995 billion tomans with a growth of about 32%. The consolidated net loss of the group is also reported to be more than 63 thousand 749 billion tomans.

اقتصاد آنلاین · Source

the intensification of Saifeh's financial crisis in 1404; Declining Sales and Growing Losses Saifa's audited financial statements show that this company faced declining revenues and production and increasing losses in the 1404 fiscal year. The operating profit of the main company reached 86 thousand 807 billion tomans with a drop of about 20% and its net loss exceeded 24 thousand 995 billion tomans with a growth of about 32%. The consolidated net loss of the group is also reported to be more than 63 thousand 749 billion tomans.

On the other hand, the number of cars sold decreased from about 328 thousand units in 1403 to about 181 thousand units in 1404; A decrease of almost 44%. The cumulative loss of the main company exceeded 95,800 billion tomans. Increasing capital and reducing outstanding liabilities were among Saifa's corrective actions, but dependence on bank financing, high costs and pricing restrictions are still obstacles.

The constant improvement in the status of this car manufacturer. In such a situation, managing liquidity, reducing costs and strengthening the internal supply chain are among the proposed solutions to prevent the crisis from intensifying.

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