NBCO, whose total assets decreased from AZN 5 million to AZN 3 million


June 19, Fineko/abc.az. Effektinvest LLC (NBCO) has released its financial statements for 2019.

ABC.AZ reports that company's profit before tax was AZN 7,800 (4.5-fold less than in 2018).

Thus, Effectinvest finished 2019 with net profit of AZN 6,200 (4.6-fold or AZN 22,400 lower than a year earlier).

Thus, company's net profit in 2018 amounted to AZN 28,600. Also, at the end of 2019 the total assets of the NBCO decreased by 28.1% and fell from AZN 5.13 million to AZN 3.6 million.