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Rubber Industries Investment Development Public Joint Stock Company (Iran)

Main Activities: Other Rubber Product Manufacturing
Full name: Rubber Industries Investment Development Public Joint Stock Company Profile Updated: August 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The main activity is investing in projects to produce raw materials, rubber supplies, rubber factories, and engineering polymers of all kinds, and buying and selling, importing and exporting raw materials and manufactured goods for the rubber industry from home and abroad.
The Company was Established on 24 sep 1996 .
The Company started is activities on 20 march 2004 .
The Company was registered under registration number 124686.
The Company changed its legal form to Rubber Industries Investment Development private joint stock Company . on 21 sep 1997
The technology used in the company with nominal capacity of 15,000 tones a year of nylon 6 and 6.6 dipped fabric, as well as polyester dipped fabric from warp and weave to onward phases, was purchased from “Zimmer” Germany, which is one of the largest and most prestigious owners of the world's technical knowledge and technology, and manufacturer of machines for this industry.
Saba Tire Cord with the mission of producing tire framework of nylon 6 and 6.6 for all kinds of tires for cars and trucks is the largest manufacturer of these products in the region and is the only factory which has complete tire yarn production cycle.
Given the opportunities available in the market and existing capacities, other products such as Filaments, conveyor belt fabric, Fishing Net, Yarn string (BTY) and chips are now available in the production list of the company. Also the company recently managed to produce new industrial composite product (GF) on a large scale and registered it in company's products list.
The company by offering high-quality products and customer-oriented principles holds a major share of the market for these products and on the other hand it has exports to Asian, European and North African countries in its recorded background.
Receiving statues of exporter of the choice, selecting as the unit of choice regarding quality and production in the state, receiving the two-star certificate from the Institute of National Productivity Award and receiving certificate of Consumer Rights, are some of the company's successes and earned honors at the national and province levels.

Legal Address
15 Km Zanjan Bus
Tehran; Tehran;

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Website: http://www.riidco.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1996
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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Chief Executive Officer
Ownership Details
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48.6%
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0.12%
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0.08%
Company Performance
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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
112.66%
Total operating revenue
115.14%
Operating profit (EBIT)
202.08%
Net Profit (Loss) for the Period
250.95%
Total assets
18.72%
Total equity
78.62%
Operating Profit Margin (ROS)
7.17%
Net Profit Margin
6.57%
Return on Equity (ROE)
9.69%
Debt to Equity Ratio
-88.75%
Quick Ratio
0.18%
Cash Ratio
-0.02%

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