Foolad Mobarakeh's AGM approves 55 rial dividend per share as EPS comes in at 518 rials

According to the annual general meeting decision report published on Iran's Codal disclosure system for Foolad Mobarakeh Esfahan (ticker Foolad), shareholders approved a cash dividend of 55 rials per share at the AGM for the fiscal year ended March 19, 2026 (29 Esfand 1404), which resumed after a recess and was held in Isfahan at 9:00 a.m. on Sunday, August 2, 2026 (11 Mordad 1405). The approved financial statements show earnings per share of 518 rials and total net profit of 1,003,001 billion rials for the year; given the company's 1,935,000 billion rial capital, the total dividend payable to shareholders comes to 106,425 billion rials. The meeting selected the State Audit Organization as the company's legal inspector and auditor, named Donya-e-Eqtesad, Jahan-e Sanat and Samt as its official gazette newspapers, and approved allocating 3,500 billion rials to continue health support services for retirees of the Foolad pension fund. At the same meeting, Foolad Mobarakeh had earlier reported its highest billet output in 33 years and 14,000 billion toman in forgone profit due to energy restrictions.