Bolmart has published a report - It earned only AZN 27,400 for one year

11:42 - 31.05.2023

May 31, Fineko/ ProMart LLC, owned by well-known retail chain Bolmart, has published an annual report.

ABC.AZ reports that Bolmart's turnover amounted to AZN 141 million and the cost of sales – AZN 127.3 million in 2022.

Compared with 2021, sales revenue grew by AZN 32 million or by 29%. The value of the sale increased by AZN 28 million or by 28%.

Bolmart’s general and administrative expenses totaled AZN 13.19 million –AZN 3 million or 30% more than in 2021.

The company's pre-tax profit reached AZN 34,300, Bolmart's net profit in 2022 after paying income tax in the amount of AZN 6,900 totaled only AZN 27,400.