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Azerbaijan’s CPM-Invest investment company completes 2021 with profit

Finance Materials 10 May 2022 10:14 (UTC +04:00)
Azerbaijan’s CPM-Invest investment company completes 2021 with profit
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 10. The net profit of Azerbaijani CPM-Invest company amounted to 433,170 manat ($254,800) in 2021, Trend reports with reference to financial report of the company.

According to data confirmed by the audit report, company's income amounted to 1.02 million manat ($600,000) in 2021.

Administrative and other operating expenses of CPM-Invest amounted to 484,680 manat ($285,100) at the end of 2021.

The company's profit before taxes amounted to 541,460 manat ($318,500) in 2021, income tax payments – 108,200 manat ($63,600).

CPM-Invest's assets amounted to 2.1 million manat ($1.2 million) in 2021, capital – 810,280 manat ($476,600), and liabilities - 1.3 million manat ($764,700).

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