AzerGold`s net profit has grown sharply more than by 54%


July 1, Fineko/abc.az. AzerGold closed 2019 with net profit of $12.5 million.

ABC.AZ informs with reference to news agency Report that this is stated in company's financial statements. It was noted that the figure is by 54.8% more than in 2018.

Last year, AzerGold's sales revenue totaled $86.2 million (47.6% more than a year earlier), sales revenue $55.7 million (42.9% more), impairment loss  $5.7 million (3.6-fold more), general and administrative expenses $4.9 million (30.1% more), finance expenses $3.8 million (8.55% less), other expenses $1 million (69.6.7% more), and income tax payments totaled $2.6 million (38.7% more).