Iran

TEHRAN - The production index of Iranian commercial business active in the stock exchange has grown 12.9 percent in the ninth Iranian calendar month of Azar (November 22-December 21, 2022) as compared to the figure for the exact same month in the previous year.Based on the data launched by the Iranian Parliament Research Center (IPRC), this is the greatest level the index has actually reached in the present Iranian calendar year (ends on March 20), IRNA reported.As reported, the sales index of the mentioned companies has actually likewise grown 15.7 percent in the pointed out month, year on year.According to the IPRC report, auto and car parts companies had the best performance this month, so that the production and sales indices for this sector reveal a growth of 48.4 percent and 86.7 percent, respectively, compared to the exact same month of the previous year.The production index of the pharmaceutical sector likewise reached the greatest level in the last two years and increased by 25.6 percent compared to the exact same month of the previous year and seven percent compared to the previous month.Last month, IPRC reported that the profits of Iranian industrial business active in the stock exchange increased by 14.4 percent in the eighth Iranian calendar month of Aban (October 23-November 21) as compared to the figure for the very same month in the previous year.Based on the IPRC information, the production index of the mentioned business grew 8.2 percent in the pointed out month, year on year.Irans Securities and Exchange Organization (SEO) had earlier revealed that the earnings of 67 percent of the Iranian business active in the stock exchange increased in the eighth Iranian calendar month as compared to the very same month in the previous year.Based on the SEO information, of the 39 major industries active in the stock market, 28 commercial groups earned more profit in the mentioned month compared to the previous year.EF/ MA





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