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Azerbaijani state radio frequency department's income hits 60 percent

ICT Materials 9 July 2009 11:01 (UTC +04:00)

Azerbaijan, Baku, July 9 / Trend , G.Valiyev/

The State Radio Frequency Department (SRFD) has divulged the results of a six-month activity. The SRFD reported that income increased 61.8 percent and was 3.807 million manat in this period compared to the forecast 2.352 million manat. The volume of the enterprise's income increased to 404,000 manat compared to the same period of 2008.

In six months, the volume of expenses amounted to 930,000 manat compared to the forecast 847,300 manats which is explained with increase in profit tax and VAT, transferred to the budget, as well as opening new jobs, purchasing cars and increasing expenses for fuel.

The enterprise's income made up 2.35 million manat in this period compared to the forecast 1.199 million manat.

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