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Mes Kavan Namad Posts 13.8 Trillion Rials of Consolidated Net Profit for the First Six Months of 1405 as Revenue Climbs 232%

Sahmino Newsroom | 14 November 2026 | 7 hours ago

Mes Kavan Namad (ticker KVAN) filed its audited consolidated interim financial statements for the six months ended 31 Shahrivar 1405 (22 September 2026) on Codal on Thursday 12 November 2026, tracing number 1633282.

According to the filing, consolidated operating revenue was 29,851,755 million rials (about 2,985 billion tomans), up 232% from 8,985,958 million rials in the same six months a year earlier (the restated column). Gross profit was 17,298,507 million rials and operating profit 15,557,241 million rials. Consolidated net profit reached 13,763,358 million rials (about 1,376 billion tomans), against 1,217,976 million rials in the comparable period last year.

Profit attributable to the parent's owners was 12,236,091 million rials, and basic earnings per share were 4,895 rials (443 rials a year earlier) on registered capital of 2,500,000 million rials. All figures are consolidated and in million rials, as Codal printed them.

Reference:CodalThe original report

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Sahmino's reading

On this statement, the consolidated gross margin rose from 21.6% in the first six months of last year to 57.9% (Sahmino's calculation from the gross profit and operating revenue rows). The year-ago column is marked restated.

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