Maksimus faced losses in 2022

11:57 - 26.02.2024

February 26, Fineko/ Maksimus LLC, engaged in the construction of residential and non-residential buildings, indicated in its financial statements for 2022 that it ended the year with loss.

ABC.AZ informs with reference to company's annual audit report that its revenues amounted to 2.75 million manats, and the income did not cover expenses.

Thus, in 2022, the company faced a loss of 58,270 manats.

However, as of January 1, 2023, retained earnings of more than 1.148 million manats remain on the balance sheet of Maksimus.

Company's assets decreased from 31.35 million manats to 28.5 million manats for the reported term.

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