Sepah Petrochemical Company, as one of the main players in Iran's petrochemical industry, recorded significant financial performance in the fiscal year ending August 31, 2026. In this year, the company's operational revenues grew by 64% to over 13,762 billion rials, and its net profit also exceeded 1 trillion rials with a 33% increase.
Financial Performance Report and General Assembly
The annual ordinary general assembly of Sepah Petrochemical Company was held under the chairmanship of Shoaib Eslah, the chairman of the board, and with the presence of Khalil Sheikhi as the secretary, board members, and shareholders. In this assembly, Khalil Sheikhi presented the company's performance report and announced the growth of financial indicators. He stated that the company's operational revenues in the reported fiscal year faced significant growth, and the net profit was 60.91% higher than the approved budget.
Important Projects and Future Plans
Sheikhi also mentioned the resumption of the executive operations of the second phase of the Sepah Hotel project as one of the company's most important achievements in the past fiscal year. This project has reached a physical progress of 44.58% by the end of August 2026. He further stated that the company's plan for financing the project will involve issuing profit bonds and partnering with Sabalan Petrochemical Industries and Kimia Pars Khavarmianeh.
Moreover, market development and attracting new customers are also considered other important actions of the company. Sheikhi stated that during this period, Sepah Petrochemical Company has taken effective steps to increase its market share in services by attracting customers.
In the area of service quality improvement and operational process enhancement, obtaining ISO 22000:2018, ISO 9001:2015, ISO 10004:2018, and HSE-MS certifications were among the company's achievements in the path to improving quality, increasing customer satisfaction, and enhancing operational standards.
According to the presented report, completing the Sepah Hotel project, market development and attracting new customers, enhancing service quality, and increasing productivity will be among the most important programs of Sepah Petrochemical Company in the new fiscal year. At the end of this assembly, the financial statements and the board's report were approved by the shareholders, and the Iran newspaper was designated as the official newspaper of the company.
