Message of the Managing Director

One of the most important approaches of Ghadir Investment Company during the reported period has been to move toward becoming an investee rather than investment company, with an outlook of realization of the objectives and contributing toward the national economy.

Our main strategies during the reported period have been to develop Ghadir’s commercial and international activities, establishing highly economical specialized holdings within new spheres of activity, as well as moving from asset approach toward knowledge based approach.

The result of our mentioned outlook and strategies in the short-run, have been the realization of our operational profits, DPS and EPS targets, performing positive measures in favour of our shareholders, becoming one of the five top listed companies and becoming among the three top investment companies within the Country as well as the formation of a specialized petrochemical holding company.

Furthermore, we have been successful in boosting our allocable profits from Rls4,605,849 million to Rls5,482,979 million and our total assets from over Rls29 thousand million to almost Rls35 thousand million. In addition, the various fields of activity in which Ghadir has been involved in, have demonstrated outstanding performance. Thus, although petrochemical industries had been badly affected by the global recession and price fluctuations, Ghadir’s profits arising from this industry increased by a staggering 98% during the reported period.  Our profits from cement industries also grew by 13%. Ghadir also enjoyed considerable profits from the construction industries, despite the fact that they had been severely hit by the recession. The above successes of Ghadir Investment Company in achieving such performances and in demonstrating healthy profitability, at a time when other similar companies suffered from huge financial losses, demonstrate that this company is one of the top, most important investment companies in Iran.

As for our main strategies and future outlooks, we intend to:

establish a suitable regime for the purpose of realization of company strategic regime,
pay more attention toward developing the human resources both within the
executive sphere and our subsidiaries,

establish an integrated performance supervisory  and assessment system,

take part in major projects, which would be in line with national development,
as well as to take part in overseas joint venture projects

Finally, we would like to take this opportunity to express our gratitude toward our shareholders who have placed so much faith in our abilities and have given us so much support. Thanks are also due to the directors and personnel of Ghadir Investment Company, without whose hard work, dedication and expertise, we would not have achieved so much today.

Mohsen Me’emari

Managing Director