12:00 - 6.06.2023

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June 6, Fineko/abc.az. The economic situation of one of the well-known Azerbaijani companies Almet Trading Baku CJSC has become known.

ABC.AZ reports that the company preparing to issue bonds announced its financial performance, and it became known that in 2022 there is a decline in all key indicators of the company.

Thus, in 2022, the assets of Almet Trading Baku amounted to AZN 8.04 million (AZN 1.4 million, or 14% less than in 2021).

In 2022, company's capital amounted to AZN 3.3 million (16% less than a year earlier).

In 2022, Almet’s liabilities also decreased more than by 13% to AZN 4.7 million. And the funds have halved from AZN 1.4 million to AZN 730,000.

Almet Trading Baku's pre-tax profit in 2022 also decreased 2.6-fold - from AZN 2.6 million in 2021 to AZN 1 million.