Tehran-Sadr Tamin Investment Company with stock ticker symbol TASSICO owns 57 percent of shares of Tabas Parvardeh Company. It is true to say that KAZGHAL is not only among subsidiaries of TASSICO with highest potential in the capital market but also one of the top ones in the stock market, TASSICO\u2019s Director for Portfolio & Financing, Mohsen Behzadi noticed.\u00a0<\/p>\n
KAZGHAL had a good record in production in the last Iranian year to March 20, 2023, producing more than 700,000 tons of PCI coal. The production helped earn high profits in the industry despite that the government tightly regulates prices in the sector.<\/p>\n
The importance of KAZGHAL could be understood better considering that production of coal by Tabas Parvadeh Coal (coke) Company make up 40 per cent of the country\u2019s whole output. This means that KAZGHAL\u2019s production is actually a lifeline for major companies such as [Isfahan] Steel Company. It is a company, which is regarded a hub in the Middle East in terms of technical know-how. \u00a0<\/p>\n
KAZGHAL showed high growth in last year, dishing out a dividend yield of 90 percent that helped shareholders see their portfolios score big returns.<\/p>\n
Meanwhile, several development projects are on the agenda of the company while a plan to develop this firm was also handed over to Sadr Tamin holding. It is hoped the capability of the company will be further boosted this year thanks to progress in these projects and its capital increase. It is also hoped the exploitation of the country\u2019s highest-value mines and employment of top experts of the region remove shortage of this mineral, which is a national concern and of high importance for shareholders. We are sure the measures will provide high returns for the shareholders.\u00a0 \u00a0<\/p>\n
TASSICO will both extend its thorough support for investment projects of the company in addition to financing and fair pricing of its stock. Reports say that the real price of its share is higher. While Sadr Tamin Investment Company has shown its full support for the company, we are giving assurance to shareholders too that TASSICO will provide sufficient and necessary support to Tabas Parvadeh Coal (coke) Company.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tabas Parvadeh Coal (coke) Company with stock ticker symbol KAZGHAL is one of the subsidiaries of Sadr Tamin Investment Company. Tehran-Sadr Tamin Investment Company with stock ticker symbol TASSICO owns 57 percent of shares of Tabas Parvardeh Company. It is true to say that KAZGHAL is not only among subsidiaries of TASSICO with highest potential […]<\/p>\n","protected":false},"author":6,"featured_media":24655,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[16],"tags":[43,42],"class_list":["post-24654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-events","tag-portfolio","tag-tabas-parvarde-coal-co"],"acf":[],"yoast_head":"\n