Net profit of this organization has increased


July 29, Fineko/abc.az. Azerbaijan Amelioration & Water Management Company completed 2020 with profit of AZN 352.96 million (8.2% more than in 2019), ABC.AZ reports with reference to company’s financial statements.

Thus, last year’s earnings of the company totaled AZN 875.36 million (24.55% less than a year earlier) and expenditures AZN 522.4 million (37.35% less). The company did not pay profit tax.

As for assets, as of 1 January 2021 company’s assets amounted to AZN 3.445 bn (11.1% more than a year ago).