Allocation of 50,000 billion rials in profit to members of the Farhangian Reserve Fund

Based on the resolution of the Board of Trustees of the Farhangian Reserve Fund, a profit of 50,000 billion rials was allocated to the members of the Institute.
According to the Public Relations and International Affairs of the Farhangian Reserve Fund, at the annual meeting of the Institute, which was held on Khordad 12, 1404, with the presence of members of the Board of Trustees, Board of Directors, and CEO of the Institute and chaired by Dr. Alireza Kazemi, Minister of Education and Chairman of the Board of Trustees, the financial statements ending on Shahrivar 31, 1403 were presented and approved.
Accordingly, the Institute’s consolidated net profit, with an increase of 81 percent compared to the previous year, was announced at 73,627 billion rials, and the net profit of the main unit was 40,507 billion rials; Also, based on the resolution of the Board of Trustees of the Institute, 50 thousand billion rials of profit for the aforementioned fiscal year was allocated to the members of the Farhangian Reserve Fund Institute.
The Chairman of the Board of Trustees emphasized on optimal management of resources and strict compliance with laws and regulations
At this meeting, the Chairman of the Board of Trustees of the Institute emphasized the necessity of identifying, prioritizing, and presenting a plan to solve the problems of the Institute and the group companies, and stated: Optimal management of resources and costs, strict compliance with laws and regulations, avoiding corporateism, and strengthening supervision over the performance of companies should be on the agenda of the Institute’s senior management.
The Minister of Education, while thanking the efforts and efforts of the workers, employees, and management team of the Institute, holdings, and companies that have played a role in the profitability of the fiscal year ending in Shahrivar 1403, stated: We are the trustees of the large community of educationalists and we have a difficult path ahead of us; the duty of all of us in the Farhangian Reserve Fund Institute is to create wealth and value for member educationalists.
Dr. Kazemi emphasized: “My demand from the directors of the institution is to pay serious attention to observing and strictly implementing the rules and regulations and maintaining a desirable cultural atmosphere and organizational culture in the Educators’ Reserve Fund complex.” In the end, “Behmand” Auditing Institute was appointed as the main auditor and inspector, and “Iran Newspaper” was appointed as the widely circulated newspaper to publish the institution’s official advertisements.