FKA Holds Annual General Meeting with Record-Breaking Profitability and Reinforces Its Leadership in Iran’s Livestock Industry
The Annual General Meeting (AGM) of FKA Agriculture and Livestock Company (Public Joint Stock) was held on July 15, 2026 (24 Tir 1405) in the presence of shareholders, members of the Board of Directors, and the company’s legal representatives. During the meeting, shareholders approved the distribution of 55% of the company’s distributable earnings, equivalent to IRR 650 (65 Tomans) per share, to be paid to shareholders.
According to TADICO:
Based on the financial performance report presented at the meeting, FKA achieved a historic milestone in profitability during the 1404 fiscal year. The company recorded gross profit of IRR 10.038 trillion, representing a 122% increase compared with the previous year, making it the highest gross-profit-generating livestock company listed on Iran’s capital market.
Net profit also experienced remarkable growth, increasing by 136% to reach IRR 12.740 trillion. The company’s profitability indicators reflected continued operational improvement, with the net profit margin rising from 28.8% in 1403 to 39.2% in 1404. In addition, the gross profit margin increased to 30.9%, while the operating profit margin reached 26.2%, demonstrating strong financial discipline and efficient resource management.
On the operational side, FKA further strengthened its position as the largest producer of raw milk among publicly listed livestock companies in Iran, producing 93,472 tons of raw milk during the fiscal year. The company achieved an average daily milk production of more than 250 tons, while setting a new single-day production record of 288 tons, highlighting its outstanding operational capacity. Furthermore, productivity reached 42.4 kilograms of milk per dairy cow, reflecting scientific herd management and the company’s continuous commitment to improving production standards.
At the conclusion of the meeting, shareholders approved the company’s financial statements for the fiscal year 1404. The General Meeting also approved the Board of Directors’ proposal to distribute 55% of distributable earnings, equivalent to IRR 650 (65 Tomans) per share, with payments to be made to shareholders through the Sejam electronic settlement system.
Net profit also experienced remarkable growth, increasing by 136% to reach IRR 12.740 trillion. The company’s profitability indicators reflected continued operational improvement, with the net profit margin rising from 28.8% in 1403 to 39.2% in 1404. In addition, the gross profit margin increased to 30.9%, while the operating profit margin reached 26.2%, demonstrating strong financial discipline and efficient resource management.
On the operational side, FKA further strengthened its position as the largest producer of raw milk among publicly listed livestock companies in Iran, producing 93,472 tons of raw milk during the fiscal year. The company achieved an average daily milk production of more than 250 tons, while setting a new single-day production record of 288 tons, highlighting its outstanding operational capacity. Furthermore, productivity reached 42.4 kilograms of milk per dairy cow, reflecting scientific herd management and the company’s continuous commitment to improving production standards.
At the conclusion of the meeting, shareholders approved the company’s financial statements for the fiscal year 1404. The General Meeting also approved the Board of Directors’ proposal to distribute 55% of distributable earnings, equivalent to IRR 650 (65 Tomans) per share, with payments to be made to shareholders through the Sejam electronic settlement system.
