15:33 - 4.11.2022

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November 4, Fineko/abc.az. AzerGold CJSC completed 2021 with net profit of $29.402 million (39% less than in 2020).

ABC.AZ reports that last year AzerGold's earnings within client agreements amounted to $112.07 million (1.7% more than a year ago), cost of sales - $51.7 million (40.9% more), general and administrative expenses - $13.36 million (34.9% more), asset impairment losses - $7.07 million, other income - $2.976 million (4.3-fold more), financial expenses - $1 million (2-fold less), income tax payments $9.458 million (1.4% less).

As of 1 January 2022, AzerGold's assets totaled $200.9 million (43.6% more versus 2020).

Company’s liabilities for 2021 decreased by 1.5% to $41.1 million, balance sheet capital grew by 62.8% up to $159.809 million, including the authorized capital growth by 67.6% up to $36.47 million.