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Vaspari Iranian Trade Public Joint Stock (Iran)

Main Activities: Other Financial Investment Activities
Full name: Vaspari Iranian Trade Public Joint Stock Profile Updated: August 04, 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 Of the Company is Financing the customer by providing goods, both movable and immovable, by the company and handing it over to the customer only in the form of one of the lease agreements, subject to ownership and sale in installments within the framework of interest-free banking operations, bylaws and related instructions.
The Company was established under name Faraz Arg Trading and Services Company private Joint Stock and was Registed under Registeration number 247560 on 30 May 2005 .
The Company changed its name to be Iranian Trade Goods Development Company on 4 November 2006
The Company was changed its legal form to be Public Joint Stock Company on16 February 2012.
The Company changed its name to be Iranian Trade Investment Development Company on 16 February 2012.
The Company changed its name again to be Vaspari Iranian Trade Investment Development Company on 25 May 2019 .
The Company was listed in Iran Fara Bourse on 6 March 2013.
Policy and vision of the company:
- Development of business axes to realize large business activities and maximize profits.
- Achieving customer satisfaction through the provision of quality and timely services
- Increase income by offering new and creative solutions
- Development of human resources with active cooperation of employees at all levels and effective use of their capabilities and initiatives
Organizational values:
The growth and success of Iran Trade and Capital Development Company is based on the common values between the employees of this group and our employees believe that this group was created to serve customers. What we adhere to and believe in are individual values that guide us in an ever-changing business world.
These values are:
Commitment to provide high quality products or services and a constant presence in the market
Efforts to identify and meet customer needs
Trust each other and love behavior based on Islamic values
Put progress and motivation above the company s goals
Support the creation of new innovations and experiences for partners
Profitability through sustainable development
Encouragement and support through the participation of colleagues in the successes and achievements of the company
One of the strategic goals of this company is to discuss quality and continuous improvement, and in line with that, the project of creating ISO 9001 standard and using quality assurance system was examined. In 2012, the company succeeded in obtaining ISO 9001 - 2008 certification. Another goal of the company is to create a management system to measure customer satisfaction in accordance with international standards ISO10004-ISO10002, which is also in the process of receiving these certificates.

Headquarters
Hemmat And Shariati Intersection, Davood Gol Nabi Street, Ahmadi Roshan Square, No. 1
Tehran; Tehran; Postal Code: 1544748999

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Website: http://www.tejar.ir

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
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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Director / Member of the Management Board
Ownership Details
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65.03%
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4.08%
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0.22%
Subsidiaries
Faragstar Iranian Kish Trading Company (Private Joint Stock)
Faragstar Tejarat Iranian Company (Private Joint Stock)
Company Performance
Financial values in the chart are available after Vaspari Iranian Trade 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
129.61%
Total operating revenue
129.92%
Operating profit (EBIT)
68.67%
Net Profit (Loss) for the Period
73.62%
Operating Profit Margin (ROS)
-15.46%
Net Profit Margin
-13.75%

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