Company trading under the ticker Kayzod signs a 1,360,000 million rial contract to sell alumina refractory to Foolad Mobarakeh
10 September 2026 · 29 days ago
A company trading on Iran's Farabourse under the ticker Kayzod signed a contract to sell 500 tonnes of high-alumina refractory material to Foolad Mobarakeh Isfahan for 1,360,000 million rials (about 136 billion tomans), according to a disclosure filed on Iran's codal system on Tuesday, September 9, 2026 (18 Shahrivar 1405). The company said that because most of its direct labor and production overhead costs are fixed, the contract will raise its sales volume and revenue for the period, and, assuming last year's operating margin holds, is expected to add about 226,310 million rials (roughly 22.6 billion tomans) to operating profit.
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