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Pars Oil Company Public Joint Stock (Iran)

Main Activities: Petroleum Lubricating Oil and Grease Manufacturing
Full name: Pars Oil Company Public Joint Stock Profile Updated: July 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Pars Oil Company Public Joint Stock, located in Tehran, was established in 1958. It initially produced and offered lubricants under the trade mark "SHELL" until 1978. The company began actual production in 1961, manufacturing 90,000 tons of engine and industrial oil, 12,000 tons of grease, and 10,000 tons of paraffin annually. Pars Oil Company became one of the largest producers of industrial and engine oils, as well as the main producer of grease in Iran. Recognized for its high-quality products and competitive prices, Pars Oil Company decided to promote its brand internationally. In 1963, the company advertised in the Time magazine to expand its presence in international markets. Currently, Pars Oil Company is a leading producer of various lubricants and by-products. It has gained a strong reputation in the lubricant industry across Iran, the Middle East, and Asia.

Legal Address
Sharety St, Shahed Wahed Dastkordt St, Not Reached Mosadeq North St. No.143, P.O.Box : 15875-5467
Tehran; Tehran; Postal Code: 1919838456

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Website: http://www.parsoilco.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1958
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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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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49%
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17%
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15%
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5%
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1%
Subsidiaries
Pars Bazargan Private Joint Stock Company
Pars Oil Trading Company
Company Performance
Financial values in the chart are available after Pars Oil 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
26.45%
Total operating revenue
24.22%
Operating profit (EBIT)
-37.46%
Net Profit (Loss) for the Period
-20.09%
Total assets
10.31%
Total equity
0.4%
Operating Profit Margin (ROS)
-15.46%
Net Profit Margin
-8.25%
Return on Equity (ROE)
-6.6%
Debt to Equity Ratio
5.36%
Quick Ratio
-0.11%
Cash Ratio
-0.06%

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