VOL. XLVI

No 9

3-March-2003

IRAN

NPC Annual Report Shows Profits Tumble In Fiscal Year 2001

The after-tax profits of Irans National Petrochemical Company (NPC) tumbled in Iranian fiscal year 2001 (21 March 2001-20 March 2002 corresponding to Iranian calendar year 1380) to IR1,617bn from the previous years IR7,035bn, according to the companys recently published annual report. (Comparing these numbers in dollar terms is not possible because the report does not give a specific dollar/rial exchange...