Ecology Ministry suffers losses for 2 years in a row

11:54 - 13.02.2023


February 13, Fineko/abc.az. Azəryaşlandşaft OJSC of the Ministry of Ecology & Natural Resources of Azerbaijan has published a report.

ABC.AZ informs that company’s report says that over the past 2 years the company has suffered losses for about AZN 30 million.

According to the report, its total revenue in 2021 amounted to AZN 6.426 million.

Compared with 2020, company's operating income decreased by AZN 3.3 million or 34%.

In 2020, company's revenue reached AZN 9.735 million and expenses in 2021 totaled AZN 10.87 million (AZN 1.189 million more than in 2020).

As a result, the company ended 2021 with net loss of AZN 3.7 million.

And in 2020, despite the fact that the company itself worked with profit, because of losses of dependent enterprises, it ended the year with loss of AZN 23.6 million.

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