Fakour Sanat Discloses 34 Trillion Toman Revenue and 6.1 Trillion Toman Net Profit for 1404 Ahead of Farabourse IPO

Fakour Sanat Tehran Engineering Company, ahead of its initial public offering on Farabourse, unveiled its financial performance and production capacity at an introductory meeting reported by Ecoiran on Monday, October 5, 2026 (13 Mehr 1405). According to the information presented, the 33 year old company, with registered capital of 7 trillion tomans and assets of 54 trillion tomans, booked contracting revenue of about 34 trillion tomans and net profit at the parent company level of 6.1 trillion tomans in fiscal year 1404. The company has 12 ongoing contracting projects worth 14 billion euros and, producing 2.87 million tonnes of iron ore, ranks as Iran's seventh largest iron ore producer. In the IPO valuation process, the company's equity value was estimated at 24.8 trillion tomans and its per share value at 3,544 rials.