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Baku Stock Exchange`s net profit lowered by 20%

02.06.2020,15:58


June 2, Fineko/abc.az. The Baku Stock Exchange has announced its profit for 2019.

ABC.AZ informs with reference to the BSE that the Exchange completed the reported period with net profit of AZN 3.23 million.

For comparison, BSE’s net profit for 2019 reduced by AZN 760,000 or 20% against 2018.

The main cause of the decline is the fall in total revenues from AZN 5.69 million in 2018 to AZN 4.65 million in 2019.

BSE’s total revenues declined by AZN 1.04 million or by 18.2%.