Profit of Azerbaijan investment company reaches almost AZN 50 mln


March 5, Fineko/ The net profit of Azerbaijan Investment Company (AIC) in 2006-2017 was AZN 47 mln.

According to Rovshan Najaf, the company's executive director, the company's operating expenses for the reported period amounted to AZN 15 mln, and the profit tax was AZN 12 mln.

"In 2017, the company's operating revenues amounted to AZN 4,785 mln, operating expenses  AZN 1,839 mln, profit tax AZN 589 mln. At the same time, the company received dividends worth AZN 1,253 mln and net profit worth AZN 2,738 mln, " Najaf said.


Keywords: Investment Company