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Barez Industrial Group Company Public Joint Stock (Iran)

Main Activities: Tire Manufacturing
Full name: Barez Industrial Group Company Public Joint Stock Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Barez Industrial Group was established to construct a factory for producing passenger car/truck / agricultural vehicles tires, tubes, and flaps, on the outskirts of Kerman city to coincide with the beginning of reconstruction after years of war, and by using local forces in Kerman Province, to create jobs in a deprived region while empowering and industrially upgrading the area and the country. For the realization of this end, it attracted a team of Iranian tire industry experts and for the first time, a tire manufacturing factory was designed by Iranian specialists. Moreover, the company imported the best tire manufacturing technology to the country, and after the purchase and installation of equipment and training of personnel, started to supply its products to the country’s markets. Nowadays, Barez is aimed at increasing the amount of consumers’ access to its products and improving after-sales services. It has carried out a variety of development plans in order to improve the tire distribution network and after-sales services network, and through over 310 agencies, offers its products to the market. Based on the development of the Internet and cell phone in the country, the company has designed several schemes in the field of e-marketing and customer relationship management and is promoting them.

Legal Address
North Sohrevardi Ave., No. 103 West Hoveizeh St, P.O Box : 158753711
Tehran; Tehran; Postal Code: 15536-16411

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Website: http://www.barez.org

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1984
Key Executives
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Chairperson
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
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Manager
Ownership Details
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50.3%
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31.8%
Subsidiaries
Barez Cultural Sports Club
Barez Lorestan Company
Kerman Barez Tarabar Private Joint Stock Company
Company Performance
Financial values in the chart are available after Barez Industrial Group Company Public Joint Stock report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IRR. Absolute financial data is included in the purchased report.
Net sales revenue
39.63%
Total operating revenue
38.58%
Operating profit (EBIT)
354.2%
EBITDA
335.29%
Net Profit (Loss) for the Period
569.76%
Total assets
58.84%
Total equity
292.9%
Operating Profit Margin (ROS)
19.84%
Net Profit Margin
16.3%
Return on Equity (ROE)
30.48%
Debt to Equity Ratio
-168.51%
Quick Ratio
0.23%
Cash Ratio
0.09%

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