11:23 - 18.03.2025

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March 18, Fineko/abc.az. Azelektromash ended 2024 with net profit of 181,404 manats. In 2023, company's profit amounted to 423,843 manats (2.3-fold less than a year earlier).

ABC.AZ informs, referring to company's financial position report, Azelektromash’s main operating income fell from 3.438 million manats in 2023 to 2.8 million manats last year.

In 2024, company's personnel costs grew from 231,000 to 266,000 manats, and depreciation costs from 13,000 to 16,000 manats.

The main activity of Azelektromash is the repair of electronic and optical equipment. The authorized capital of the company is 4,000 manats, and its legal representative is Ali Teymurov.