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[BUSINESS] · Iran · 2 sources

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Iranian companies report significant stock growth and operational expansion

Pars National Cultivation and Animal Husbandry reports a 143 percent return on its shares for the six-month period ending October 7, 2026. CEO Mohsen Mardi stated that the company has addressed over 1.4 trillion tomans in debts to farmers and achieved a 20 percent reduction in production costs. The company is also planning new investment projects valued at 8 trillion tomans.

Separately, Topkish (Parsian E-Commerce) has seen a stock price increase of over 300 percent. Financial reports indicate that for the fiscal year ending December 21, 2025, operating income grew by approximately 134 percent to 1,900 billion tomans, while net profit rose from 5.2 billion to 77.4 billion tomans. For the nine-month period ending September 22, 2026, net profit increased by 117 percent to 47.2 billion tomans. The company also completed a 94 percent capital increase and secured a contract to provide network equipment for Parsian Bank.

Entities

Mohsen Mardi · Pars National Cultivation and Animal Husbandry · Parsian Bank · Tehran Stock Exchange · Topkish