India, Oct. 5 -- The Persian Gulf Petrochemical Industries Group (PGPIG), a US-sanctioned public holding conglomerate, reported generating $10 billion in export revenues over the past two years.

Key Performance Highlights

Surging Profitability: PGPIG's net profit reached 187.5 trillion tomans (nearly $700 million) last year, marking a 67.4% year-over-year increase.

Production Volume: The company expanded its output by 2 million tonnes compared to the prior year.

Capital Repatriation: Despite active economic constraints and maritime blockades, the company confirmed that all $10 billion in subsidiary revenues was successfully repatriated back into Iran using established banking systems.

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