Mellal Credit Institution Puts Gain From Surplus-Property Sales at 8,915 Billion Tomans After Contracts

Mellal Credit Institution said in an amended Group B disclosure on Codal on Tuesday, October 27, 2026 (5 Aban 1405) that, after signing contracts with the winners of its auction of surplus properties, real estate and investments, the gain from the disposals comes to 89,145,840 million rials, about 8,915 billion tomans. It put sales proceeds at 129,067,531 million rials (about 12,907 billion tomans) and book cost at 38,779,694 million rials (about 3,878 billion tomans).

The auction results were first disclosed on September 7, 2026 (16 Shahrivar 1405) under tracing number 1594359. The institution says that because sale contracts were not ready and the profit-and-loss effect could change, it attached the winners' statement listing each property or project, buyer, sale price, cost and gain. The figure is the gain on disposal, not net profit for the period, and the filing does not state its effect on the financial statements.