TEHRAN Nov 05 (Shana)--Four companies of Persian Gulf Holding which registered losses last year have become profitable this year, managing director of Persian Gulf Holding Adel Nejad Salim said.Nejad Salim said the companies include Arvand, Tondgouyan, Pasargad and Rahavaran Phonon.
He continued two companies are still loss-producing and the holding will decide on their fate in the near future.
Raising profitability and upgrading assets are two priorities of Persian Gulf Holding, Nejad Salim said, adding the holding, as the largest company in Irans bourse, plans to raise attractiveness of its shares in the market.
According to Nejad Salim, Persian Gulf Holding is shareholder of 60 companies.
Persian Gulf Holding holds 11 percent of stocks in the bourse. As the second largest petrochemical company in the Middle East, the holding ranks 53 in world with 3500 trillion rial assets.
By SHANA
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