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Madacto Steel Cord Company Public Joint Stock (Iran)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Madacto Steel Cord 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

With the aim of founding the first steel cord production line in Iran, Madacto Steel Cord was incorporated in September 2010 and started constructing a 10,000 MT/Year production plant in May 2011. In order to guarantee the quality of the final product, the company decided to utilize the most updated European technology and machinery supplied by GCR Eurodraw (Eurodraw Wire Equipment). Under supervision of GCR, design and development of production halls and buildings as well as engineering, design, procurement and installation of auxiliary equipment have been successfully being executed by local consulting & engineering firms and contractors.

Legal Address
North Sheikh Baha I Street, Below Persepolis Square, Corner Of Eleventh Alley, Unit 403 And 404, No. 2
Tehran; Tehran;

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Website: http://www.madactosteel.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2010
Key Executives
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Chairperson
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Vice 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
Ownership Details
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42.18%
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3.72%
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3.05%
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1.62%
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1.56%
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
143.15%
Total operating revenue
143.81%
Operating profit (EBIT)
79.46%
EBITDA
48.72%
Net Profit (Loss) for the Period
30.08%
Total assets
43.08%
Total equity
-25.92%
Operating Profit Margin (ROS)
4.47%
Net Profit Margin
17.55%
Return on Equity (ROE)
2.76%
Debt to Equity Ratio
1885.04%
Quick Ratio
-0.02%
Cash Ratio
-0%

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