NICICO’s Revenue Has Been Grown by 169 Percent in the First Two Months
Tuesday, May 28, 2019 - 3:05:07 PM

According to Mining News Pro - National Iranian Copper Industry Company (NICICO) had $214.1 million of revenue by selling their products since the last month. Considering the revenue from the first and second month of the year, the company’s revenue in this period is about $238.4 million.

The average monthly sales in the first two months is $120 million which has been grown by 168 percent compared with the same period last year.

It should be mentioned that the total revenue of the company in the last year was $740.7 million and the company intends to increase the number to $1.1 billion.

In the first two months of this year, NICICO produced 45 thousand tons of copper cathode and sold 23 thousand tons of it. In the same period last year, the company produced 35 thousand tons and sold 29 thousand tons.

In addition, the Sulphur stone production volume was 9.6 million tons last year.

The company produced 204 thousand tons of copper concentrate and sold 68 thousand tons last month.


http://www.miningnewspro.com/en/News/380399/NICICO’s Revenue Has Been Grown by 169 Percent in the First Two Months
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