Baku, Azerbaijan, Sept. 19
By Huseyn Valiyev - Trend:
Azercosmos OJSC's assets decreased by 17.2 and reached 173.7 million AZN as of 2013, the company's balance sheet said Sept. 18.
The long-term assets amounted to more than 162.1 million AZN by late 2013, which is 18.87 percent less than in 2012.
The total assets and liabilities amounted to 173.7 million AZN as of late 2013.
The profit amounted to 8.1 million AZN as of 2013. The income from sales amounted to 554,000 AZN. The company's loss exceeded 42.3 million AZN compared to 2.25 million AZN in 2012.
Azercosmos OJSC was established to launch a telecommunication satellite into orbit, to manage it and to implement maintenance activity.
The official exchange rate is 0.7844 AZN/USD on Sept. 19.