A 38% Jump in “TMLT1” Revenues during Shahrivar
With more than 610 billion Rials revenue, TMLT1 had a significant performance in Shahrivar (Persian calendar month, August 23-September 22), recording a 38% jump in its revenues compared to Mordad (Persian calendar month, July 23-August 22). Thus, TMLT1 had gained a total revenue of more than 3000 billion Rials during the first half of 1400 (Persian calendar year, starting March 21, 2021).
The one-month performance report for the period leading to the end of Shahrivar (September 22) was published identifying more than 613,100 billion Rials revenue, the Public Relation department of Mellat Investment Bank (MIB) reports. This also marks a 42.5% jump compared to last Shahrivar, when TMLT1 had recorded a revenue of 430 billion Rials. The detail performance report of MIB for Shahrivar indicates that a major part of the company’s revenue comes from market making services and securities profits: around 150 billion Rials from the former and around 244 billion Rials from the latter. The company has gained a 67 billion Rials revenue from its investment funds in the capital market during Shahrivar. Moreover, the revenue of investment funds of TMLT1 amounted to more than 150 billion Rials during the same period.