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23 January 2026 - 10:16
PGPIC Reports IRR 2.2 Trillion Rise in Operating Revenue in Six-Month Results

TEHRAN, Jan. 22, 2026 – Persian Gulf Petrochemical Industries Company (PGPIC) reported a 2.2 trillion-rial increase in operating revenues in its six-month financial statements, marking a sharp turnaround in profitability compared with the same period last year.

PGPIC Reports IRR 2.2 Trillion Rise in Operating Revenue in Six-Month Results

 

According to a statement released by PGPIC, the unaudited financial results for the six months ended Dec. 21, 2025, show that the group recorded operating revenues up by IRR 2.2 trillion year-on-year, while generating IRR 3.3 trillion in other operating income during the period.

The company also reported operating profit of IRR 2.5 trillion for the six-month period, compared with an operating loss of IRR 150 billion in the corresponding period a year earlier.

PGPIC noted that other non-operating revenues declined due to foreign exchange translation differences; however, following the transfer of foreign currency trading to the second trading hall of the Iran Exchange Center as of Jan. 3, 2026, the group expects a significant increase in operating profit and operating revenues by the end of its current fiscal year ending June 21, 2026.

 

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