Soleimani explained the performance of “Tasiko” in the last 2 years and 6 months of 1400:

442% increase in consolidated net profit of the group from 2017 to 2019

246 percent growth of Sadr Tamin Group’s exports in 6 months of 1400 compared to 1399

Sadr Tamin Investment Company “Tasiko” is one of the holding companies of “Shasta” Social Security Investment Company, which is active in the field of metal industries, non-metal industries, exploration, trade and export and innovation in mining and mineral industries. The value of “Shasta” stock market portfolio is currently about 144 thousand billion tomans, of which Tasiko owns about 14.3% directly and indirectly.

This company was admitted to the stock exchange on March 25, 2017, and its initial public offering took place on May 9, 2018.

Gholam Reza Soleimani; Regarding the performance of the company in the years 2017 to 2019, the CEO of Tasiko said: the increase in the group’s cumulative production from 3,075,272 tons in the fiscal year 2019 to 3,282,276 tons in the fiscal year 2019, a 237% growth in the consolidated sales of the group from 2.003 billion tomans to the amount of 6.758 billion tomans, a 405% increase in the consolidated operating profit of the group from the amount of 1.266 billion tomans to 6.391 billion tomans, a 45% increase in the value of the holding’s stock market portfolio from 32.427 billion tomans in the financial year 98 to 46.861 billion tomans in the financial year 2019 was one of the good performances of the company in the last 2 years.

He continued: 442% increase in consolidated net profit of the group from 1.134 billion tomans in fiscal year 2019 to 6.147 billion tomans in fiscal year 2019 and 223% growth in group exports from 138 billion tomans to 445 billion tomans in 2 years. Among the other actions and achievements of Sadr Tamin Holding.

Stating that the consolidated net profit margin of the group increased from 71% in 2018 to 91% in 2019, the CEO of Tasiko said: the rate of return on the group’s assets increased from 29% to 36% and the return on the group’s equity increased from 41% to It has increased by 48%. We were also able to reduce the group’s claims collection period from 54 days to 44 days.

He stated that the net assets (NAV) of the holding increased by 33% from 34,162 billion tomans to 45,469 billion tomans, adding: a 105% reduction in the financial costs of the main company from 92 billion tomans to 45 billion tomans 41% increase in operating cash flow per share from 446 rials to 630 rials, 67% increase in total equity from 4.515 billion tomans to 7.538 billion tomans and 63% decrease in the total liabilities of the main company from 751 billion tomans to 276 billion Toman has been another successful performance of the company in the past two years.

Other measures and achievements of the last 2 years of “Tasiko”

He continued: In line with the country’s macro policies regarding the development of activities in the country’s mining sector and the sustainable supply of raw materials for holding factories, extensive activities have been carried out in the past 2 years, which I will mention below.

According to Soleimani; Obtaining the certificate of discovery of the country’s largest gold mine in Sistan with a definite reserve of 24 million tons and a possible reserve of 48 million tons of ore with a grade of 1.06 ppm, a plan to build a processing plant for 440 kilos of 24-karat gold by the development of Pars Tamin mines, operationalize the extraction from the mine and Construction of a Kurdistan gold processing plant with a capacity of 240 kilos of 24-carat gold, obtaining a license for 2 mining areas in block 6 of Parudeh 4 with reserves of 78 million tons by Parudeh Tabas Coal Company, obtaining a license for the exploitation of Nahavand dolomite mine with a definite reserve of 1.4 million tons. The implementation of the construction of a calcined dolomite factory with a capacity of 33 thousand tons and the modification and obtaining of the Sarayan bentonite mine exploitation license from 200 thousand tons to 3 million and 600 thousand tons have been the most important measures in the field of mining.

He said: participation in the capital increase of investable companies to the amount of 1,375 billion tomans (including porcelain clay, mineral salts, Tabas coal, development of mines and metals, etc.), a 55% increase in the holding’s capital from 2,000 billion tomans to 3,100 billion tomans, the exit of companies Laabiran and Saram Ara from the losses and organizing plan of Epico and Bandar Imam powder industries and… are among the other achievements and actions of the company in the last 2 years.

He considered the establishment of the Sadr Farda Accelerator as the first step in the direction of creating and developing the flow of innovation in Sadr Farda Holding and stated: The Sadr Farda Accelerator is based on the structure, procedures, performance guidelines and the acceptable results it has achieved over the past year. After going through various stages of evaluation and monitoring by the Vice President of Science and Technology, he was awarded a knowledge-based certificate. Sadr Farda’s accelerator missions are designed around the 2 main axes of penetration of advanced and up-to-date technologies in the enterprises of the mining sector and the creation and development of new businesses based on the Global Value Chain.

According to Soleimani, the Sadr Farda Accelerator has evaluated a total of 50 innovative projects and identified 30 projects as qualified to be placed in the accelerator, of which 5 projects have been successfully accelerated so far. The total technology value of these projects is 527,000 million rials, which are in the stage of attracting capital for commercialization. It is predicted that after attracting capital and implementing the projects as successful outputs of the accelerator, the total investment value of these projects will be 1910 billion Rials.

The CEO of Sadr Tamin stated: Sadr Farda’s next step in responding to the technological needs of companies in the mining and mineral industries is to launch a localization campaign. This flow was created with the aim of meeting the import needs of industrial and mining enterprises by using domestic technical capacity in order to prevent foreign currency from leaving the country, and during 2019, it prevented the departure of 10 million dollars of foreign currency from the country. By creating specialized networks and using maximum technical capacity, Sadr Farda Accelerator has provided the necessary capacity to respond to the technological needs of the companies under Sadr Farda Holding.

Comparison of sales performance of 6 months 1400 compared to 2019

He pointed out that the total sales of the company in September of this year has grown by 76% compared to the same period of the previous year, so that it has reached 4.611 billion tomans in 6 months of 2019 to 4.604 billion tomans in 6 months of 1400. . Also, in the same period, the cumulative net profit has reached 1.050 billion tomans to 1.500 billion tomans, which shows a growth of 43%. Exports also increased by 246 percent in 6 months of 1400 compared to 6 months of 1399 and reached 23.4 million dollars from 6.7 million dollars.

The CEO of Tasiko stated: This company has completed many projects during the past year, and out of the total of 18 mentioned projects, 8 projects with a value of 1,231 billion Rials and creating employment for 281 people will be put into operation in 1400.

He said: Sanctions and inflation, inconsistency of development policies and financial resources of the Social Security Organization, implementation problems of projects (structure of projects, existing guidelines, etc.) and lack of access to modern technology are among the basic challenges of the company’s projects.

He pointed out some of the investment opportunities in front of “Tasiko” and added: managing the stock portfolio in order to optimize them and create added value for shareholders, taking advantage of the opportunity to develop the country’s mining sector, helping to complete the steel supply chain in the subdivisions of the Ministry of Cooperation. , labor and social welfare, the development of Sadr Drilling Company’s activities, providing and increasing the necessary capital for the purchase and development of machinery and equipment, participation and formation of joint mining and metal consortiums with the Ministry of Security, clearing the government’s debts to the Social Security Organization in the form of handing over mining companies and existing industry, Creating a VC venture investment fund to finance innovative plans and projects to accelerate the output of Sadr Farda, creating export systems in foreign target markets such as using the capacity of Duarte and Epico FZC companies, investing in foreign countries, joint investment in mines in neighboring countries and taking advantage of the opportunity. Iran’s energy for processing is one of the company’s most important opportunities for investment.