BAKU, Azerbaijan, April 21. The net profit of the Azerbaijani payment company GoldenPay OJSC amounted to 1.4 million manat ($823,500) in 2021, Trend reports with reference to the company's accounting statement.
According to the data confirmed by the audit report, the income ofGoldenPay amounted to 3.1 million manat ($1.8 million) in 2021.
GoldenPay's expenses for 2021 amounted to 1.3 million manat ($764,700), interest expenses – 13,700 manat ($8,058).
The company's profit before taxes amounted to 1.7 million manat ($1 million), income tax payments – 366,400 manat ($215,500) in 2021.
The company's assets increased by 37.7 percent - up to 4.1 million manat ($2.4 million), capital - by 133.5 percent - up to 2.4 million manat ($1.4 million), and liabilities decreased by 13.8 percent - up to 1.7 million manat ($1 million) in 2021 compared to 2020.