Significant Growth of KPEC

According to the public relations report of Kish Parsian Electronic Commerce (KPEC) based on the unaudited financial statements for the nine-month period (ending in September 2023), the company has shown remarkable growth in key indicators compared to the same period in 2022. Therefore, according to this report, the fiscal year of this company commences every year from December. An examination of the profit and loss statements of this company indicates that, during the nine months of the fiscal year 2022, KPEC had an operational income of 3,238,181 million Rials, which, with a growth of 103%, increased to 6,569,515 million Rials in the nine months of the fiscal year 2023.

Significant Growth of KPEC in the Income Categories for the Nine-Month Period of 2023-2024

Growth in Production and Sales in Comparison with Similar Periods
In the nine months of the fiscal year 2022, KPEC produced 79,510 units of various POS devices and sold 74,502 units. However, despite all the country’s sanctions and production challenges, KPEC successfully produced 90,795 units, showing a 21% growth in the sales quantity (89,884 units of various POS devices) qqduring the nine months of the fiscal year 2023, with a 14% growth.

Major Growth in Sales Volume is indicated during the same period. The sales of KPEC equipment and components have also reached 1,507,745 million Rials in the nine months of the fiscal year 2023, with a significant growth of 318% from the figure of 360,325 million Rials in the nine months of the fiscal year 2022.

Furthermore, in the nine months of the fiscal year 2022, KPEC sold various card reader devices for 1,823,524 million Rials. This amount has increased by 50% in the nine months of the fiscal year 2023, reaching 2,743,453 million Rials.

In the nine months of the fiscal year 2022, KPEC sold Thermal paper roll and provided printing, cutting, and packaging services for 462,485 million Rials. This amount increased by 251% in the nine months of the fiscal year 2023, reaching 1,625,246 million Rials.

KPEC and the Future
Relying on the capabilities and high capacities available in Kish Parsian Electronic Commerce (KPEC), major goals include increasing repair capacity, diversifying repairs for various card reader brands, supplying spare parts for all ATM and POS brands, as well as expanding printing and cutting capacity in the company’s factories.

Kish Parsian Electronic Commerce (KPEC) is a leading business in the country’s modern banking technology services, offering products such as POS devices, ATM devices, Thermal paper roll, and cash register terminals. Currently, it is also moving towards offering advanced technology products (High Tech) such as cashless banking terminals.”

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