BAKU, Azerbaijan, May 6. Net profit of Azerbaijan’s Azerishig OJSC amounted to 12.6 million manat ($7.4 million) in 2021, Trend reports with reference to financial report of Azerishig.
According to data confirmed by the audit report, the income of Azerishig OJSC amounted to 1.3 billion manat ($764.7 million) in 2021, other income - 4.2 million manat ($2.4 million).
Cost of sales of Azerishig amounted to 1.1 billion manat ($647 million) in 2021, administrative expenses - 75.3 million manat ($44.3 million), social expenses - 7.1 million manat ($4.2 million), other expenses - 2.6 million manat ($1.5 million).
The profit of Azerishig OJSC before taxes amounted to 18.8 million manat ($11 million) in 2021, income tax payments - 6.1 million manat ($3.6 million).
Assets of Azerishig increased by 9.2 percent in 2021 compared to 2020 - up to 2.6 billion manat ($1.5 billion), and capital - by 17.6 percent - up to 1.9 billion manat ($1.1 billion).