The National Iranian Copper Industries Company's sales stood at 91.62 trillion rials ($409 million) during the first four months of the current Iranian year (March 20-July 21), according to the company’s managing director.
“The figure indicates a 33.21% rise compared with the corresponding period of last year,” Ardeshir Sa'd-Mohammadi also told ILNA.
He added that NICICO’s sales during the fourth month under review (June 21-July 21) stood at 27.44 trillion rials ($122 million).
“Sales of copper cathode hit 83 trillion rials [over $370 million], indicating a 100% rise compared to the year-ago period,” he said.
NICICO's sales totaled a record high of 227 trillion rials ($1 billion) in the last fiscal year that ended on March 19 to witness a staggering rise of 127% compared to the year before.
According Sa'd-Mohammadi, the company’s domestic sales accounted for over 110 billion rials ($490,000) of the total sum. The rest pertained to exports.
He noted that both earnings from exports and domestic sales registered all-time highs, ISNA reported.
The value of exports was twice those of the preceding year, he added.