Jafar Rabiee, the holding’s CEO, told the annual general assembly of the
company on Sunday, October 17, that PGPIC has had a real “leap” in its performance
during the period, adding, “Persian Gulf Holding Group has increased operating
income by 71%, consolidated operating profit by 164%, net profit by 148% and
earnings per share by 146%.”
He added: "In the main company, the profit from investments soared by
85%, operating profit by 85%, net and base profit by 84% and 85%., respectively.”
The PGPIC CEO noted that the company has increased its capital five times
in recent years, adding it was planning to boost its capital in the coming
months one more time.
37th place in the world
Rabiee stated that PGPIC is now ranked 37th in the world, 2nd in the Middle
East after SABIC and almost unrivaled in the country in terms of sales, which
are national honors. “This company has been first in the country for several
years in such indices as sales index, market value, export volume,
profitability and generation of value added.”