Anglo Asian Mining plc declares financial results


September 24, Fineko/abc.az. Anglo Asian Mining plc, a producer of gold, silver and copper in Azerbaijan, has published financial results for the six-month period of 2021.

ABC.AZ reports with reference to the company's statement that the total revenue in the first half of 2021 amounted to $43.5 million (in the 1st half of 2020: $45.8 million). Profit before tax in the 1st half of 2021 was $5.9 million (in the 1st half of 2020: $11.8 million). The decrease in profit was caused by an increase in expenses, including a 33.3% rise in diesel fuel prices in Azerbaijan in January 2021.

The company also declared a dividend of 4.5 cents per share to its shareholders.