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SGC revenues grew by 78.5%

02.07.2020,18:25


July 2, Fineko/abc.az. The total assets of Southern Gas Corridor CJSC (SGC) amounted to $12.655 bn as of 1 January 2020.

This is by 1.78% less than on 1 January 2019.

ABC.AZ reports that this is stated in company's consolidated financial statements conducted in 2019.

In 2019 CGD's long-term assets increased by 2.46% up to $12.327 bn, while current assets decreased by 61% to $328.38 million.

In total, during the reporting period company's long-term liabilities increased by 1.4% up to $9.119 million, current liabilities decreased by 30.8% to $327.7 million, and total capital decreased by 6% to $3.209 bn.

Over the reporting period company's revenue increased by 78.5% up to $452.6 million and total profit by 70% up to $205.335 million.