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Iran Ferro Alloy (IFIZ) Swings to Six-Month Profit of 3,096 Billion Rials as Revenue Rises 80 Percent

Sahmino Newsroom | 24 October 2026 | 19 days ago

IFIZup3.0%2,304rials11 November

Iran Ferro Alloy Industries (ticker IFIZ, Farouj) reported net profit of 3,096 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) the company posted a net loss of 2,300 billion rials. Earnings per share are 156 rials, against a loss of 116 rials a year earlier.

Operating revenue was 16,822 billion rials, about 80 percent above 9,344 billion rials, while cost of sales rose 9 percent. Gross profit was 6,577 billion rials; a year earlier the company had a gross loss of 40 billion rials. Operating profit is 4,274 billion rials, against an operating loss of 1,644 billion rials a year earlier. Finance costs were 771 billion rials and current-year tax was 547 billion rials.

The figures come from the company's own (standalone, non-consolidated) income statement and are unaudited; they belong to Codal tracing number 1613744.

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, IFIZ fell 0.5 percent, to 2,304 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.

IFIZ
−0.5%
Tehran Stock Exchange Index
+4.8%
US Dollar
−1.7%

Prices to the close of 11 November

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