◀ Decrease in the rate of profit in the summer, half of the profit from currency exchange ᅠ.
Koa Steel in South Kish made 1.9 and 2.2 hem net profit in spring and summer; A total of about 4.1 efforts in 6 months, which is 121% more than the corresponding period. 6 month sales with 82% growth reached about 40 hams, all of which were due to price. The sales amount of the ingots was 5% less than last year with about 725 thousand tons, but the sales rate increased by about 91%. The rocket sales rate increased by 17% compared to spring, but the finished price per ton grew by 34%; The purchase price of the pills increased in that period by 20%. As a result, the gross profit margin dropped from 18% in the spring to 6% in the summer, and the operating profit almost halved. More than half of the summer profit came from about 1.2% of foreign currency earnings. The stock market stands at about 41 Hamats and its P/E is 9.3, which is slightly higher than the P/E of the base metals group (8.9). The stock's return since the opening of the market stands at 62% and lags behind the overall index (120%). In the last year, with an efficiency of 94%, it stands behind the overall index (168%) and the iron and steel index (130%).
ᅠ Value investment.
ᅠ.