Rahbord Energy: The annual general assembly of Shiraz Petrochemical Company was held on June 23 at the company’s premises. In this assembly, which was held in the presence of 87 percent of shareholders, board members, and a group of employees, a report on the company’s performance last year and future plans was presented.
The points raised in the meeting include :
Obtaining the one-sheet document of 221 hectares of land: with the efforts made, the one-sheet document of these lands, which was necessary for the development and construction of new projects for the company, was obtained.
6-fold increase in retail sales: last year, Shiraz Petrochemical Company managed to record 6 million dollars in sales in this sector by focusing on retail sales. This has brought a good profit margin to the company.
Reduction of warehousing costs: By moving the customs warehouse to the company’s site, warehousing costs have been significantly reduced.
Implementation of the melamine crystal production project: This project, which aims to complete the value chain of the company’s products and increase profitability, will be implemented soon.
Ammonia nitrate production planning: Ammonia nitrate production, which is one of the most widely used products in various industries, is included in the company’s production study plans.
Supply of petrochemical parts: With the planned measures, the supply of sensitive parts needed by the company has been completed.
Settlement of legal cases: Fortunately, all legal cases of the company have been resolved since 2015.
In this meeting, the company’s financial statements were approved by the shareholders, and it was decided that 90% of the company’s profit of 5.5 thousand billion tomans would be distributed among the shareholders. In addition, the audit institute of Tadvin and colleagues were appointed as the auditors, and widely published Jahan Sanat and Khabar Jonoub newspapers were chosen by shareholders.
The assembly dividend of 3286 rials per share was approved and will be paid through the Sejam system according to the schedule. At the end of the meeting, the members of the board of governors, while appreciating the management performance of the company, thanked all the employees of the company and wished them success.