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Esfahan Steel (ZOBI) Posts Six-Month Loss of 92,996 Billion Rials Versus Profit of 69,505 Billion Rials a Year Earlier

Sahmino Newsroom | 24 October 2026 | 19 days ago

Esfahan Steeldown2.3%585rials11 November

Esfahan Steel (ticker ZOBI, Zob Ahan Esfahan) reported a net loss of 92,996 billion rials in its six-month interim financial statements for the period ended 22 September 2026 (31 Shahrivar 1405), filed on Codal on Friday, 23 October 2026 (1 Aban 1405). In the same period a year earlier (restated and audited) the company earned a net profit of 69,505 billion rials. The loss per share is 140 rials, against earnings of 104 rials a year earlier.

Operating revenue was 352,409 billion rials, about 17 percent above 301,143 billion rials, but cost of sales rose 25 percent to 362,169 billion rials. The result is a gross loss of 9,760 billion rials; a year earlier the company reported a gross profit of 10,992 billion rials. The operating loss widened from 41,405 billion rials to 97,734 billion rials, and finance costs were 12,109 billion rials. Other non-operating items fell from 127,214 billion rials to 16,847 billion rials.

The figures come from the company's own (standalone, non-consolidated) income statement and are unaudited; they belong to Codal tracing number 1612447.

Reference:CodalThe original report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Since this story was published, Esfahan Steel rose 1.2 percent, to 591 rial.

Over the same days, Tehran Stock Exchange Index rose 4.8 percent, to 8,427,304.

Over the same days, US Dollar fell 1.7 percent, to 2,640,700 rial.

Esfahan Steel
+1.2%
Tehran Stock Exchange Index
+4.8%
US Dollar
−1.7%

Prices to the close of 11 November

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