ADRA ended 2021 with loss

16:00 - 8.05.2023


May 8, Fineko/abc.az. The State Advertising Agency of Azerbaijan completed 2021 with loss of AZN 254,000. However, the agency completed 2021 with profit of AZN 933,000.

ABC.AZ reports that last year ADRA's revenues amounted to AZN 6.12 million (4.8% less than last year) and expenses – AZN 6.375 million (16% more).

As of January 1, 2023, ADIF assets totaled AZN 7.259 million (5.65% less than 1 year ago). Last year, agency's liabilities decreased by 38.6% to AZN 288,000 and the balance sheet capital by 3.5% to AZN 6.97 million.