Caspian Invest’s loss has grown sharply

16:28 - 3.07.2023

July 3, Fineko/abc.az. NBCO Caspian Invest has announced the results of 2022.

ABC.AZ informs that the company continued to shrink last year, while its losses increased sharply.

According to company's report, in 2022 Caspian Invest’s interest income amounted to only AZN 45,300 (AZN 1,300 or AZN 2.7 % less than last year).

And company's interest expenses declined almost 3-fold to 1,451 manats. As a result, the net interest income of Caspian Invest reached about AZN 44,000 (1,700 manats, or about 4% more than a year earlier).

By Elmir Murad