Tapico (Oil, Gas and Petrochemical Investment Company) reported a consolidated net profit exceeding 8000 billion tomans at its annual general meeting for the fiscal year ending on May 21, 1405, indicating an 82% growth compared to the previous year. Despite challenges arising from wartime conditions and sanctions, the company has managed to maintain its positive performance.
Cash Dividend Distribution and Its Impact on Shareholders
During this meeting, the members decided to distribute a cash dividend of 3100 rials per share, which can serve as a catalyst for increasing shareholder confidence and attracting new investors. This action reflects Tapico's commitment to its shareholders in difficult economic conditions.
Gasoline Production and the Importance of the Persian Gulf Star Refinery
Tapico also highlighted its role as a key player in the petrochemical and oil refining industry by producing gasoline at the Persian Gulf Star Refinery. This refinery, with a daily production capacity of 12 million liters of gasoline, supplies nearly half of the country's demand for this product. The importance of this refinery in providing domestic energy and reducing dependence on gasoline imports is well recognized.
Considering its existing capacities and ongoing projects, Tapico aims to expand its activities in various oil, gas, and petrochemical sectors. By leveraging modern technologies and optimizing processes, the company intends to increase its share in domestic and international markets.
Other future plans of this company include increasing the production of petrochemical products and exporting them to global markets. Tapico is striving to establish its role as a major holding company in Iran's oil and gas industry by launching new projects in the petrochemical sector and optimizing energy consumption.
