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Sirjan Steel (SSCO) Nine-Month Net Profit Rises Nearly Fivefold: 103,054 Billion Rials Versus 21,313 Billion Rials

Sahmino Newsroom | 24 October 2026 | 19 days ago

SSCOdown2.5%6,250rials11 November

Sirjan Steel (ticker SSCO, Fulad Sirjan Iranian) reported net profit of 103,054 billion rials (about 10,305 billion tomans) in its nine-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). The figure compares with 21,313 billion rials a year earlier (restated), a rise of about 384 percent. Basic earnings per share went from 194 rials to 841 rials.

Operating revenue was 519,932 billion rials, about 93 percent above the 269,170 billion rials of the same period a year earlier. Cost of sales rose 61 percent, and gross profit climbed from 47,309 billion rials to 161,656 billion rials. Operating profit was 145,526 billion rials, finance costs increased from 20,826 billion rials to 32,510 billion rials, and current-year tax was 20,463 billion rials.

The figures come from the company's own (standalone, non-consolidated) income statement and are unaudited; they belong to Codal tracing number 1618344.

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, SSCO rose 3.8 percent, to 6,310 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.

SSCO
+3.8%
Tehran Stock Exchange Index
+4.8%
US Dollar
−1.7%

Prices to the close of 11 November

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