Public Relations Response of Tamin Agricultural, Livestock, and Dairy Industries Investment Holding (TADICO) to the ILNA News Agency Report
Following the publication of a report by the ILNA News Agency titled “TADICO Caught in a Liquidity Trap; Revenue Without Operating Profit, Structural Problems, and a Warning to Investors,” the Public Relations Department of Tamin Agricultural, Livestock, and Dairy Industries Investment Holding (TADICO), with the aim of clarifying public opinion as well as informing economic stakeholders and capital market observers, hereby presents the following explanations and corrections based on accurate, documented, and official information:
1. Incorrect Attribution of “Listed Company” Status to TADICO HoldingIn the ILNA report, TADICO Holding has been introduced as a company with an active trading symbol in the capital market, and the analysis has been built on this assumption. It is explicitly stated that TADICO Holding is currently not listed on the Tehran Stock Exchange or Iran Fara Bourse. The preparatory steps for listing have been completed, and the holding is in the process of entering the capital market. Therefore, any analysis regarding “zero dividend,” “risk to listed shareholders,” or “warnings to capital market investors” concerning a company whose shares have not yet been offered lacks legal and analytical validity and reflects a high degree of inaccuracy in news reporting. Clearly, prior to an official public offering, concepts such as cash dividend distribution in the capital market are fundamentally irrelevant.
2. Incomplete and Biased Interpretation of Financial DataContrary to the claims made in the ILNA report, the actual performance of TADICO Holding demonstrates a growing trend based on operational profitability. According to official and reliable data:
The Holding’s operating profit increased by more than 200 percent in 1404 (2025–2026).
Net profit recorded a 100 percent increase during the same period.
Milk production across the Holding’s subsidiaries rose by 13 percent, positioning TADICO as the second-largest milk producer in the country.
These figures clearly refute claims of “revenue without operating profit” or “structural weakness in profitability.”
3. The Nature of TADICO Holding: Investment, Asset Preservation, and Wealth CreationIn the published report, the absence of income recognition in certain periods from share disposals or dividend income has been portrayed as a weakness in portfolio management. However:
TADICO’s strategy is based on preserving valuable assets, creating long-term value, and supporting the national production chain.
A significant portion of the Holding’s profitability growth has been achieved through dividend income from reputable listed and unlisted portfolio companies, rather than through the rushed sale of assets.
The decision not to divest shares during specific periods has been a deliberate and well-considered managerial choice aimed at enhancing asset value and should not be interpreted as a sign of liquidity weakness.
4. Development Outlook and Planning for Entry into the Capital MarketAs a knowledge-based organization, TADICO Holding continuously monitors the capital market and implements productive projects while moving toward increased efficiency, asset optimization, and sustainable value creation. With the support of valuable assets, profitable performance, and a strategic position in the country’s agricultural and livestock industries, the Holding’s entry into the capital market will, God willing, be realized in the near future.
In conclusion, while emphasizing the necessity of accuracy, impartiality, and adherence to professional fairness in media analyses, the Public Relations Department of TADICO Holding expects ILNA News Agency, when using financial and analytical data, to properly consider the legal status of companies, their stage of presence in the capital market, and the nature of their activities, to base analyses on correct information, and to take action to correct inaccurate statements.
It should also be noted that in some content published on social media and attributed to ILNA News Agency, without adherence to professional standards or any form of visual verification, an address has been used that bears no affiliation with TADICO Holding, reflecting a lack of accuracy even in the copying and republication of the Holding’s trademark.
2. Incomplete and Biased Interpretation of Financial DataContrary to the claims made in the ILNA report, the actual performance of TADICO Holding demonstrates a growing trend based on operational profitability. According to official and reliable data:
The Holding’s operating profit increased by more than 200 percent in 1404 (2025–2026).
Net profit recorded a 100 percent increase during the same period.
Milk production across the Holding’s subsidiaries rose by 13 percent, positioning TADICO as the second-largest milk producer in the country.
These figures clearly refute claims of “revenue without operating profit” or “structural weakness in profitability.”
3. The Nature of TADICO Holding: Investment, Asset Preservation, and Wealth CreationIn the published report, the absence of income recognition in certain periods from share disposals or dividend income has been portrayed as a weakness in portfolio management. However:
TADICO’s strategy is based on preserving valuable assets, creating long-term value, and supporting the national production chain.
A significant portion of the Holding’s profitability growth has been achieved through dividend income from reputable listed and unlisted portfolio companies, rather than through the rushed sale of assets.
The decision not to divest shares during specific periods has been a deliberate and well-considered managerial choice aimed at enhancing asset value and should not be interpreted as a sign of liquidity weakness.
4. Development Outlook and Planning for Entry into the Capital MarketAs a knowledge-based organization, TADICO Holding continuously monitors the capital market and implements productive projects while moving toward increased efficiency, asset optimization, and sustainable value creation. With the support of valuable assets, profitable performance, and a strategic position in the country’s agricultural and livestock industries, the Holding’s entry into the capital market will, God willing, be realized in the near future.
In conclusion, while emphasizing the necessity of accuracy, impartiality, and adherence to professional fairness in media analyses, the Public Relations Department of TADICO Holding expects ILNA News Agency, when using financial and analytical data, to properly consider the legal status of companies, their stage of presence in the capital market, and the nature of their activities, to base analyses on correct information, and to take action to correct inaccurate statements.
It should also be noted that in some content published on social media and attributed to ILNA News Agency, without adherence to professional standards or any form of visual verification, an address has been used that bears no affiliation with TADICO Holding, reflecting a lack of accuracy even in the copying and republication of the Holding’s trademark.
