Kimazi Raises Prices on 14 Products, Lifting One 70 ml Shampoo From 1,555,737 to 3,129,000 Rials
11 October 2026 | 8 days ago
In a group-A material disclosure filed on Codal on Sunday, 19 Mehr 1405 (October 11, 2026), Kimazi said it has raised the sale prices of 14 of its products to cover higher cost of goods sold. The increase on 10 products rests on a board resolution and on 4 products on a Food and Drug Organization permit, and it took effect on 19 Mehr 1405.
In the example given in the form, the price of the 70 ml Argosol shampoo went from 1,555,737 rials to 3,129,000 rials, an increase of about 101 percent. The form states that this product accounted for 29 percent of the company's total revenue in the previous fiscal year.
Kimazi trades on the Farabourse second market and closed that day's session at 23,240 rials, up 1.66 percent from the previous day.
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