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State-run company suffered a lot of damage

16.09.2021,12:42


September 16, Fineko/abc.az. State-governed company Landscaping & Landscape Construction of Azerbaijan completed 2020 with net loss of AZN 23.6 million.

ABC.AZ reports that the company finished 2019 with net loss of AZN 2.177 million.

Thus, company’s net loss increased almost 11-fold last year.

Compared with 2019, total earnings in 2020 declined by AZN 2.585 million or by 21% to AZN 9.735 million.

In 2019, the company received income of AZN 12.3 million.