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Housing Investment Group Company Public Joint Stock (Iran)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate
Full name: Housing Investment 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

Housing Investment Company is one of the largest mass constructors of Iran that aside from Mass production of residential units defining residential complexes, villas, apartments and high-rise buildings, has gained valuable experience in construction of commercial-administrative complexes, preparation of land, execution of water pipelines, roads and highways. H.I.C is established by Maskan Bank in 1990 with the initial capital of 10 milliard Rials. In 2003 with expansion of its activities, converted from Private Joint Stock Company to Public Joint Stock Company with the nominal capital of 1000 milliard Rials. Consequently in terms of market value, H.I.C entered in Iranian Stock Exchange in 2004. The Company also could get the quality management system certificate based on (ISO9001-2000) International Standards from Moody International Company.

Headquarters
Madar Sq., Mirdamad Blvd, Shah Nazari St, No. 8, The 6Th Alley, Po Box 6334-15875
Tehran; Tehran; Postal Code: 1547835311

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Website: http://www.maskanco.ir

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1990
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
Ownership Details
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48.63%
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2.5%
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1.92%
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1.6%
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0.44%
Subsidiaries
Maskan Pardis Investment Company Public Joint Stock
77.44%
Maskan Shomalgharb Investment Company Public Joint Stock
67%
Housing Investment North East Company Public Joint Stock
52.32%
Company Performance
Financial values in the chart are available after Housing Investment 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
17.97%
Total operating revenue
19.55%
Operating profit (EBIT)
-27.28%
EBITDA
-26.18%
Net Profit (Loss) for the Period
-29.97%
Total assets
33.51%
Total equity
41.08%
Operating Profit Margin (ROS)
-11.56%
Net Profit Margin
-10.28%
Return on Equity (ROE)
-12.08%
Debt to Equity Ratio
2.8%
Quick Ratio
0.11%
Cash Ratio
0.02%

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