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Azeri legal entities profits rose by 55%

Business Materials 19 July 2006 14:19 (UTC +04:00)

During 1Q2006, acting Azeri enterprises and organizations receive profits in amount of 721.6mln manat and suffered loss in amount of 79mln manat. Trend reports wit reference to the State Statistics Committee, legal entities rose by 55% (256mln manat) over year.

Most of the profit (69.8% or 503.9mln manat) falls for industrial enterprises. Transport enterprises worked with profit 49.6mln manat (6.9% of total profit), communication entities obtained 44.6mln manat (6.2%), construction companies got 30.6mln manat (4.2%).

From total amount of losses experienced in 1Q2006, 65.3% is industrial enterprises share, 12.5% falls for transport, 6.6% for financial entities and so.

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