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Azerbaijani leasing agency completes 1H18 with profit

Business Materials 24 August 2018 21:34 (UTC +04:00)

Baku, Azerbaijan, Aug. 24

By Anvar Mammadov - Trend:

BTB Leasing, a subsidiary of the Azerbaijani bank BTB, completed 1H2018 with a profit of 98,830 manats, the company's balance sheet published on the Electronic Data Disclosure System (EDDS) reads.

The company's main operating revenues in 1H2018 amounted to 360,850 manats, other operating income was 63,610 manats.

Commercial expenses of the company in the period amounted to 10,120 manats, administrative expenses - to 26,590 manats, other operating expenses - to 264,210 manats.

The company's operating profit in 1H2018 was 123,540 manats. As of June 30, the company paid a profit tax of 24,710 manats.

BTB Leasing was founded in 2017. The authorized capital of the company is 30,000 manats.

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