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Shasta Achieved Over $2 Billion in Exports Despite Two Wars and Unrest

Just now November 3, 2026 1 min read 📰 Donya-e-Eqtesad
📋 Key Takeaway

Shasta, a major Iranian conglomerate, reported a significant increase in profits and market share despite ongoing conflicts. The company aims for substantial growth and has plans to expand into international markets.

The CEO of Shasta detailed the performance of 176 subsidiary companies, announcing that Shasta's consolidated profit increased from approximately 68 trillion tomans to 134 trillion tomans, and its share of the capital market rose from 11.5% to 13.5%. He also reported on the significant profitability growth targets, the exit of seven companies from losses, the impact on 28 companies due to war, and plans for the development of international markets.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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