AzTV profit tax also decreased


January 12, Fineko/ Azerbaijan TV & Radio Broadcasting Company (AzTV) completed 2020 with net loss of AZN 1.819 million.

ABC.AZ informs that AzTV’s report says that in 2020 AzTV paid profit tax in the amount of 25,000 manats (3.7-fold less than in 2019).

As of 1 January 2021, AzTV’s assets amounted to AZN 24.187 million (12.1% less than a year ago).

Over the reporting period organization's liabilities decreased by 58.8% to AZN 1.05 million and the balance sheet capital by 7.3% to AZN 23.135 million.