FINCA Azerbaijan's profit falls sharply

11:43 - 2.06.2021

June 2, Fineko/abc.az. NBCO FINCA Azerbaijan LLC has published its financial report for 2020.

ABC.AZ informs that according to the report, NBCO's net profit decreased more than by 16 times.

Thus, company's profit reduced from AZN 11.79 million in 2019 to AZN 673,000 in 2020. It follows from the report that there is no decline in FINCA Azerbaijan’s current activities, and the decrease in the net profit is linked with the reduction in finances released from reserves.

 

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