Tehran- A meeting was held in the headquarters of Sadr Tamin Investment Company to evaluate the performance of Iran Salts Mining Company in the first quarter of the Iranian year to March 19, 2024.

Sadr Tamin Investment Company (TASSICO) hosted the gathering at the company’s Conference Hall on Friday, July 21, TASSICO’s website reported.

Seyyed Mohammad-Saber Parvaresh, deputy TASSICO chief for companies’ affairs, Mohsen Parvan, deputy chief for finance and administration affairs, experts and specialists from Sadr Tamin Investment Company, as well as Mohammad Mahdi Borbor, chief executive of the Iran Salts Mining Company and other senior managers, met to review the performance of the company in the three months to June 21.

Borbor briefed the top managers on the performance of the company from March 21 to June 21, saying that Iran Salts Mining Company registered a 78-percent increase in income (2,763bn rials) during the first quarter compared to the same period a year ago.

He noted that exports of the company jumped by 61 percent during the first three months of this Iranian year.

The net profit showed a rise of 140 percent to reach 1,488bn rials in the first quarter of this Iranian year compared to the same period a year before, Borbor said, adding that the net profit margin rose by 8 percent during the first three months of this year, which was a major success.

Iran Salts Mining Company was set up in 1982 to explore, extract, and process industrial salts. The company became a public joint stock corporation and was listed in Tehran Stock Exchange in 1996.  The company, which is the country’s largest producer of sodium sulfate and refined salt, has six production units and two development projects are being conducted by Iran Salts Mining Company now.