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Sabzevar Lar Cement Company Public Joint Stock (Iran)

Main Activities: Cement Manufacturing
Full name: Sabzevar Lar Cement 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

The Main Activity of the Company is Producing Cement ,Construction and Management of Various Factories for the Production of Cement and the Eexploitation and Sale and Export of its Products to and do Any Activity that Completes the Process of Producing and Supplying Cement.
The Company was Established as a Puplic Joint Stock Company and was registed Under a Registration Number 1353 on 28 December 2003.
The Company Started its activity On 22 September 2008
The Company was listed in Iran Fara Bourse on 14 December 2010.
In order to provide employment opportunity and contribute to the progression of the industry in the region as well as serving people and Iran,The Company was launched.
After analyzing various plans and existing mines and quarries painstakingly, finally, the cement factory with a capacity of 3400 tons clinker per day was constructed.
Thus, The Company was established and people in the region responded to it unpredictably. The reason for this claim is a number of 45000 shareholders with a primary capital of 130 billion Rials which through two phases of capital increase, their investment rose up to 400 billion Rials. After holding different tenders and probing to find efficient and experienced companies, Kan Azin Consulting Engineers Co. was elected as the project consultant, Iran Industrial Designing as the executive of the project and Sepah Bank was selected to act as the trustee bank.
The Company Project was put into operation in the mid-Shaban month and after about two months, the plant reached to its nominal capacity of 3400 tons of clinker per day and we dare to say that the standard of the cement produced at this factory is higher than normal. The authorities and the staff do their best to manufacture and market the best quality cement for the fellow countrymen.
It is worth mentioning that with regard to presence of the existing mines, this factory is able to manufacture cement types: 1,2 and 5. Hoping the blessing of the almighty God, we would witness the production of the three types of cements.
This company is presently delivering cement to Khorasan Razavi, Northern Khorasan and Southern Khorasan Provinces as well as other neighboring provinces including: Golestan, Mazandaran, Semnan. Regarding the fact that the cement factory has been put into operation and the cement price has increased, it is predicted that the stock value of Cement Company would rise remarkably within next few months.
In addition, factory equipments and machinery are all modern and new and have been supplied by the best suppliers such as “Aumund, IBAU, Hover Boecker, TKF, Polysius” from Germany(mechanical equipment) and “Elin” from Austria ( for Electrical Equipment), “Aztec” and “Redcom” companies from Italy (for filters).
While keeping pace with modern technology in comparison with other national cement factories, it is supposed to manufacture cements with higher quality due to less depreciation and higher efficiency, and subsequently gaining more benefit. God willing
In the end, we express our heartfelt gratitude to the esteemed stockholders and we hope, we have taken a small step for serving our dear fellow country men and for the development of this country.

Legal Address
Motihari St, 10 Motihari, Sabzevar Cement Building, P.O Box :419
Sabzevar; Razavi Khorasan; Postal Code: 9618643206

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Website: http://www.sabzevarcement.com

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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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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6%
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3%
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2%
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1%
Subsidiaries
Niroo Sarmayeh Company Public Joint Stock
0.29%
Beihaq Hydrated Lime Company
Bonid Navid Abrisham Company
Company Performance
Financial values in the chart are available after Sabzevar Lar Cement 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
102.43%
Total operating revenue
99.67%
Operating profit (EBIT)
343.99%
EBITDA
256.44%
Net Profit (Loss) for the Period
144.55%
Total assets
11.65%
Total equity
15.77%
Operating Profit Margin (ROS)
17.77%
Net Profit Margin
5.14%
Return on Equity (ROE)
3.14%
Debt to Equity Ratio
-9.11%
Quick Ratio
-0.01%
Cash Ratio
-0.01%

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