Exol Azerbaijan's net profit declined more than by 20%

12:31 - 1.07.2024


July 1, Fineko/abc.az. Exol Azerbaijan CJSC, one of the residents of the Balakhani Industrial Park and the official representative of the largest British manufacturer of lubricating oils in Azerbaijan, completed 2023 with net profit of 2.77 million manats. The company completed 2022 with net profit of 2.66 million manats.

Thus, the net profit of Exol Azerbaijan in 2023 dropped by 583,000 manats or 22% compared to 2022.

ABC.AZ reports that the main operating income of Exol Azerbaijan in 2022 amounted to 7.231 million manats, and in 2023 fell to 6.187 million mantas (a drop of 1.44 million manats or 16.9%).