BAKU, Azerbaijan, April 12. The net profit of the Azerbaijani producer of household gas - Maishat Maye Gas OJSC amounted to 2.4 million manat ($1.4 million) in 2021, Trend reports with reference to the company's accounting report, published in “Xalq qazeti” newspaper.
According to the data confirmed by the audit report, the operating income of the company amounted to 29.5 million manat ($17.3 million) in 2021.
Operating expenses of Maishat Maye Gas OJSC amounted to 26.5 million manat ($15.5 million) in 2021, including depreciation costs - 1.9 million manat ($1.1 million), personnel costs - 4.7 million manat ($2.7 million), other expenses - 19.6 million manat ($11.5 million).
The company's profit before taxes amounted to 3.01 million manat ($1.7 million), income tax payments – 602,020 manat ($354,120) in 2021.
The assets of the company increased by 4.1 percent - up to 24.1 million manat ($14.1 million), capital - by 20.2 percent - up to 8.1 million manat ($4.7 million) and liabilities - decreased by 2.5 percent - up to 15.9 million manat ($9.3 million) in 2021, compared to 2020.