This organization starts working at a loss

16:00 - 17.09.2024


September 17, Fineko/abc.az. The Consumer Goods Expertise Center LLC completed 2023 with net profit of 641,000 manats.

ABC.AZ reports with reference to company's financial statements that the figure is 19.7% less than in 2022.

Last year, Center’s operating income amounted to 5.78 million manats (8.5% more than a year earlier), operating expenses - 4.946 million manats (15.5% more), and income tax payments - 195,000 manats (21.7% less).

As of January 1, 2024, Center’s assets totaled 1.526 million manats (26.4% less than a year ago). Company's liabilities decreased by 38.3% to 573,000 manats, and the balance sheet capital by 16.6% to 953,000 manats.