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Ardabil Provincial Investment Development Public Joint Stock Company (Iran)

Main Activities: Other Financial Investment Activities
Full name: Ardabil Provincial Investment Development Public Joint Stock Company Profile Updated: June 20, 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 this company is the investment in the construction, purchase and distribution, management, establishment, creation, development, and rental of various types of companies and economic units,attract of funds and savings directly and indirectly and obtaining a business card and performing all commercial transactions allowed to represent the representatives of domestic and foreign companies.
The Company established under registeration No. 1984 in Ardabil on 20 October 1997.
The Company listed in Iran FaraBourse on 1 February 2016.
Strategic plans of the company
The company has taken the basic steps towards improving the financial structure and achieving profitability and adopting minimum risk by assessing the potential and financial strength of the company and the situation of the construction industry, with the continuation of the approach of recent years.
The company s main strategy in this regard is three main sections
1) Feasibility and feasibility of suitable construction projects by way of participation in construction of a land plot
Has brought the company and the company.
(2) Transferring the same obligations to participate in a partnership with a significant percentage of profit to a third party without
Make money for the company.
3) Using the method of financing the company s share of the projects with the expensive financial facilities obtained in previous years
And profits and reform the financial structure in this way
Mission
The Board of Directors reiterates the support and confidence of respectable shareholders and also appreciates the
The efforts of the company s co-workers and good managers of the investment company of Iran building and other shareholders managers
Legal, with pleasure, declares that the main strategy is in the realization and the period of return
Multi-year planning has come in handy with good profit. In this case, the stock market status
As a result of the increase in the value of 500 and in the fiscal year to 1000 , it shows
The return of shareholders trust is precisely the function of shareholders and investors in the capital market.
Other activities:
1-The absorption of funds and the provision of savings, directly and indirectly, and to facilitate and facilitate investment.
For real and legal persons, whether domestic or foreign.
2- the identification of the commercial card and the completion of all commercial transactions authorized to represent the representatives of domestic and foreign companies
Probably authorized commercial operations in accordance with the laws and regulations of the Islamic Republic of Iran.
3- Conduct of transactions, technical, economic, financial, management and supervision of implementation of plans.
Investing in all economic activities and setting up different companies in line with the goals of the company.
And the rules and regulations framework.
4- Buy and sell shares and bills that can be bought and sold in accordance with the laws and regulations of the country.
5- Shares of participation and participation in different companies and buying their shares.
6- Use of financial and credit facilities of the bank and of domestic and foreign credit and finance.
7-Establishing a brokerage agency or obtaining a brokerage agency from the Stock Exchange and other stock exchanges.
8- The Company will be liable to all affairs and affairs which, directly or indirectly, are necessary for the realization of the company s objectives.

Headquarters
Otobos Rani Street, In Front Of Jami Street, Shahriar Complex, Ninth Floor
Ardabil; Ardabil; Postal Code: 5619886834

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1997
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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39%
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Subsidiaries
Ardabil New Business Development Company
Company Performance
Financial values in the chart are available after Ardabil Provincial Investment Development Public Joint Stock Company 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.
Operating profit (EBIT)
-65.66%
Net Profit (Loss) for the Period
-184.98%
Total assets
-1.19%
Total equity
-199.81%
Return on Equity (ROE)
-3.4%
Quick Ratio
-0.08%
Cash Ratio
-0.03%

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