Over 600% Growth in Sharak Operating Profit

Operating profit reached 15.93 trillion IRR, reflecting a substantial 665% increase compared to the first half of the previous year.

Nearly Fourfold Increase in Net Profit

Sharak also recorded 15 trillion IRR in net profit, demonstrating 269% year-on-year growth, achieved despite a 35-day production shutdown due to major turnaround and maintenance operations across production units.

The company generated 19 trillion IRR in operating revenue, representing a 5% increase over the previous year.
It is worth noting that this level of revenue was achieved despite the suspension of A80 product exports to Afghanistan, which previously accounted for over 25% of Sharak’s export portfolio. This suspension resulted from new restrictive customs regulations imposed by the Afghan government since May.

Shazand Petrochemical Company also reported 883 IRR earnings per share for the six-month period ending September 21, 2025—marking a 269% increase compared with the same period last year.

Key Achievements and Strategic Initiatives

The company’s robust performance in the first half of 2025 is the result of the dedicated efforts of its management team, employees, and workers, as well as the strategic direction provided by the Board of Directors.

Major actions taken and future programs include:

• Completion of a comprehensive turnaround of all complex units during a challenging 12-day operational period, leading to reduced material loss and improved production efficiency.

• Optimization of feedstock costs through diversification and partial sourcing from domestic mini-refineries and imports.

• Workforce optimization.

• Adoption of strict cost-management policies and avoidance of non-essential procurements.

• Planning for the production of higher value-added products, including replacing A80 with A92 for export to Afghanistan.

• Sale of surplus and non-productive assets.

Continued Growth Expected

Shazand Petrochemical Company anticipates further improvement in production and sales—both domestic and export—and expects to maintain a strong and stable performance through the end of the fiscal year.