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Dadeh Gostar Asr Novin Company Public Joint Stock (Iran)

Main Activities: Wireless Telecommunications Carriers (except Satellite)
Full name: Dadeh Gostar Asr Novin 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

Dade Gostar e Asr e Novin (DGA Novin) is an Iranian company that provides data and internet access services. The company has a local outreach to nearly 450 cities in Iran. It is mostly recognizable via its HiWEB telecommunication brand. DGA Novin was established in 2003 by state authorities as one of the licensed private access providers (PAP). In 2009 it became privatized. Currently, it is engaged in executing a large government contract which implies the provision of high speed internet to more than 25000 villages across Iran over a 10-year period.

Headquarters
Babaei Highway, Nirouz Zamini Artesh Blvd, Almas Iran Complex, No 5 2Nd Floor Fard Innovation Center
Tehran; Tehran; Postal Code: 169861787

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Website: http://www.hiweb.ir

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2003
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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54.65%
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4.1%
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2.6%
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0.86%
Subsidiaries
Asr Novin Future Era Information Technology Company
Atlas Khodro Iranian Company
Hirkania New Era Intelligent Security Information Company
Company Performance
Financial values in the chart are available after Dadeh Gostar Asr Novin 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
-19.57%
Total operating revenue
-23.95%
Operating profit (EBIT)
-26.91%
EBITDA
-17.14%
Net Profit (Loss) for the Period
-56.59%
Total assets
54.91%
Total equity
53.62%
Operating Profit Margin (ROS)
-4.94%
Net Profit Margin
-34.65%
Return on Equity (ROE)
-20.98%
Debt to Equity Ratio
-6.13%
Quick Ratio
0.4%
Cash Ratio
-0%

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