27 Apr 2024
Tuesday 2 June 2020 - 16:27
Story Code : 377006

Decline in oldest Iranian tobacco company's output

Financial Tribune - Misguided policies related to the tobacco industry, restrictive regulations and lack of thoughtful plans have led to a decline in output of Iranian Tobacco Company in recent years, says a member of the companys board of directors.

ITCs production last year [March 2019-20] reached around six billion cigarettes compared with nine billion in the year ending March 2019 and 12 billion in the year ending March 2018," Payam Hamedani-Mojarrad was also quoted as saying by ISNA.
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