
Ghachar Under the Lens: Chaharmahal Sugar's Sales Rose 50% and Profit 43% in FY1404; But Through the Inflation Lens, Real Growth Is Near Zero (Saturday, 18 July 2026)
Short · 01:27
Sahmino editorial· 18 July· Short· 01:35
Vomodir (Value Capital Management Group of the Government Employees Pension Fund) closed its audited fiscal 1404 (ended 21 December 2025) with net profit of 17,346 billion rial (about 1,735 billion toman), EPS of 667 rial and a 220 rial dividend. Yet two thirds of that profit came from selling investments, and the market prices the holding at 3.2 times earnings versus 5.8 for the sector. This analysis is not a buy or sell recommendation.

Short · 01:27

Short · 01:27

Short · 01:32

Short · 01:30