BAKU, Azerbaijan, May 30. The net profit of Azerbaijani investment company ABB Invest amounted to 213,290 manat ($125,460) in 2021, Trend reports with reference to company’s accounting report, published in Azerbaijan newspaper.
According to the data confirmed by the audit report, company's interest income amounted to 645,740 manat ($379,800) in 2021, non-interest income – 237,110 manat ($139,400).
Interest expenses of ABB Invest amounted to 257,500 manat ($151,400) last year, non-interest expenses – 357,800 manat ($210,400).
Company's profit before taxes amounted to 267,540 manat ($157,300) in 2021, income tax payments – 54,250 manat ($31,900).
ABB Invest's assets amounted to 15.6 million manat ($9.1 million) last year, capital - 3.6 million manat ($2.1 million), liabilities - 11.9 million manat ($7 million).