16:47 - 5.08.2024

---

August 5, Fineko/abc.az. Azerbaijan TV & Radio Broadcasting CJSC (AzTV) completed 2023 with net profit of 19.374 million manats, ABC.AZ informs, referring to TV channel’s financial report. 

As of January 1, 2023, AzTV's assets amounted to 34.833 million manats (1.6% less than 1 year ago). Organization's liabilities declined by 37% to 1.646 million manats, and balance sheet capital increased by 1.2% to 33.187 million manats.

AzTV as a commercial organization was established by presidential decree on March 23, 2005 on the basis of the State TV & Radio Broadcasting Company. Its authorized capital is 10.725 million manats.