Company owned by state organization finished last year with profit


July 6, Fineko/abc.az. The Design & Research Center of the Cadastre & Cartography of Real Estate of the State Service for Real Estate Issues completed 2020 with profit of AZN 3.318 million, ABC.AZ reports with reference to company's financial statements.

As of 1 January 2021 the assets of the Design & Research Center for Real Estate Cadastre & Cartography amounted to AZN 66.607 million (10% more year-on-year). For the reporting period company's liabilities increased 5.1 times up to 3,409 manats, and the balance sheet capital increased by 5.5% up to AZN 63.198 million.