82% surge in Tappico Group's consolidated net profit

According to the Public Relations, Brand and Social Responsibility Department of TAPPICO, the Annual General Meeting of Shareholders of the Tamin Petroleum, Gas, and Petrochemical Investment Company (TAPPICO) covering the fiscal year ending May 21, 2026 (Ordibehesht / 31/1405) was held on Monday, September 15, at 9:00 AM. The meeting took place at the conference hall of the Islamic Republic of Iran Shipping Lines’ Cultural, Sports, and Welfare Institute (located at Shahid Ajarloo Square, Shian, Imam Ali Highway, Tehran) and was attended by over 93% of the shareholders, deputies and executives from SHASTA, members of the Board of Directors, a representative from the Audit Organization (serving as the independent auditor and statutory inspector) and a representative from the Securities and Exchange Organization.

At the beginning of the meeting, Rouhollah Shahidipour, CEO and Vice Chairman of the Board of Directors of Tappico Holding, welcomed the shareholders and presented a detailed report on the Board's activities.

By presenting a report on financial performance and highlighting the key achievements of the TAPPICO Holding for the fiscal year ending May 21, 2026, Shahidipour outlined the company's strategic and operational plans a presentation that was well-received by shareholders.

He went on to highlight the TAPPICO Group’s presence across 22 provinces and its workforce of 21000 announcing that as of September/12 /2026  the market capitalization of the TAPPICO ticker had reached 465 trillion Tomans a figure representing a growth of approximately 200 percent compared to the same period the previous year.

Shahidipour also announced the financial results based on the statements for the period ending May 21, 2026, reporting a consolidated net profit of 55 trillion Tomans for the TAPPICO Group (an 82% increase), a net profit of 33 trillion Tomans for the TAPPICO company itself (a 64% increase), and consolidated operating revenue of 165 trillion Tomans for the Group (a 45% increase); he noted that in this context, the TAPPICO holding company succeeded in elevating its standing among the country's major holding companies.

According to the Public Relations, Brand, and Social Responsibility Department of TAPPICO, the Annual General Meeting of Shareholders of the Tamin Petroleum, Gas and Petrochemical Investment Company (TAPPICO) covering the fiscal year ending May 21, 2026 (Ordibehesht/31/1405) was held on Monday, September 15 (Shahrivar/23/1405) at 9:00 AM. The meeting took place in the conference hall of the Islamic Republic of Iran Shipping Lines Cultural, Sports, and Welfare Institute located at Shahid Ajarlou Square, Shian, Imam Ali highway, Tehran and was attended by over 93% of the shareholders, deputies and executives from SHASTA, Board of Directors and Audit Organization representative (serving as the independent auditor and statutory examiner) and a representative from the Securities and Exchange Organization.

At the beginning of the meeting, Rouhollah Shahidipour CEO and Vice Chairman of TAPPICO Holding welcomed the shareholders and presented a detailed report of the Board's activities.

By presenting a report of financial performance and highlighting the key achievements of the TAPPICO Holding for the fiscal year ending May 21, 2026, Shahidipour outlined the company's strategic and operational plans a presentation that was By presenting a report on financial performance and highlighting the key achievements of the TAPPICO Holding for the fiscal year ending May 21, 2026, Shahidipour outlined the company's strategic and operational plans, a presentation that was well-received by shareholders.

He also mentioned to highlight the widespread operations of the TAPPICO Group, spanning 22 entities and its 21000 workforce, noting that as of September 12, 2026, the market value of the Tapico stock symbol had reached 465—a figure representing an increase of approximately 100 percent compared to the same period the previous year.

Stating that TAPICO’s objective in continuing to offer products on commodity exchanges is to foster market transparency, thereby safeguarding the interests of shareholders, particularly retirees and contributors to social security organizations. Shahidipour noted that the performance of these companies on the commodity exchanges is being continuously monitored.

The Persian Gulf Star Oil company as the world's largest gas condensate refinery, has played a strategic role in supplying the country's fuel by increasing gasoline production.

In conclusion, noting that TAPPICO owns 10% of the petrochemical industry's production capacity, 10% of the oil refining sector, and 13% of the country's cellulose industry, Shahidipour expressed hope that the company would overcome existing commercial challenges through astute management and generate maximum value for shareholders.

Subsequently, the report of the independent auditor and statutory examiner, along with the consolidated and separate financial statements for the fiscal year ending May 21, 2026, was read out at the assembly.

Subsequently, shareholders both present and online posed various questions to the CEO of the TAPPICO holding company and to senior executives from the Tamin Oil, Gas, and Petrochemical Investment Company and its subsidiaries. These inquiries covered a range of topics, including the latest status of the Persian Gulf Star Oil Company the world’s largest gas condensate refinery and a strategic TAPPICO asset. All questions were answered patiently, candidly, and transparently, a process that along with TAPPICO’s plans, was well-received by the shareholders.

At the conclusion of the general meeting, which lasted approximately four hours, the financial statements for the fiscal year ending May 21, 2026, were approved; additionally, the appointment of the auditor and statutory examiner, the selection of the official newspaper for public notices, and a cash dividend distribution of 3,100 Rials per share were ratified.