12:51 - 2.02.2021

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February 2, Fineko/abc.az. AzerGold’s chairman of board Zakir Ibragimov has conducted a media conference devoted to the results of 2020.

ABC.AZ reports that Ibragimov noted that during 2020 the company sold 1,275 units of products for totally AZN 1.6 million.

Last year the activity carried out through website Azergold.gift and social networks created to fulfill online orders of values, led to an increase in sales as a whole. As a result, 80% more products were sold than in 2019, and earnings increased by 84%.

"Company’s credit liability in the amount of $148.4 million, raised for the purpose of organizing effective work at the beginning of company’s activity, was repaid a year earlier than expected. Thanks to the full repayment of credit liabilities, about AZN 2 million were saved in 2020, and a credit line in local banks in the amount of $69.4 million was given for the use by the company," Ibragimov said.