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Khark Petrochemical Company Public Joint Stock (Iran)

Main Activities: Petroleum Refineries | Other Basic Inorganic Chemical Manufacturing | Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing
Full name: Khark Petrochemical 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

Kharg Petrochemical Limited Liability Company was established in 1967 as Kharg Chemical Co. in Tehran, Iran in order to recover propane, butane, naphtha and sulfur from the offshore oil field associated gases by the joint venture of national petrochemical company of Iran and American Co. (Amoco) on a 50/50 basis with a capital of 900 million rials.In 1992 in order to prevent the flaring of surplus gases, to produce a product with considerable added value, to ease technology transfer, to reduce environmental pollution and to provide occupation opportunities in the region,construction of Kharg methanol plant was started. This plant with production technology from Lurgi (Germany) with the investment of $149.5 million and 465.5 billion rials, was established in an area of 24 acres and was commissioned in 1998.

Legal Address
Dodjamjou St.,North Dibaji St, No.40, P.O.Box : 19615-317
Tehran; Tehran; Postal Code: 1951994511

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Website: http://www.khargpetrochemical.ir

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1967
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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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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39.33%
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10.41%
Subsidiaries
Khark Gas Refining Company
Company Performance
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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
25.88%
Total operating revenue
25.88%
Operating profit (EBIT)
29.63%
EBITDA
30.23%
Net Profit (Loss) for the Period
8.48%
Total assets
57.66%
Total equity
5.21%
Operating Profit Margin (ROS)
0.83%
Net Profit Margin
-3.76%
Return on Equity (ROE)
1.82%
Quick Ratio
-0.52%
Cash Ratio
-0.3%

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