12:44 - 10.07.2023

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July 10, Fineko/abc.az. The Seaside Boulevard Administration completed 2022 with profit of AZN 102,000, while the 2021 with was finished with loss of AZN 5.514 million.

ABC.AZ reports that last year SBA’s main operating income amounted to AZN 19.398 million (41.1% more than a year earlier), income from foreign exchange transactions – AZN 2,000 (loss for the previous year), other income – AZN 2,000 (50.8-fold less), human resources expenses – AZN 11.325 million (0.7% more), depreciation and amortization expenses – AZN 2.138 million (2.5-fold less), administrative and other operating expenses – AZN 5.838 million (2.2-fold more).

As of January 1, 2023, SBA’s assets amounted to AZN 359.416 million (0.4% more than a year ago). Organization's liabilities grew by 2.6% up to AZN 14.655 million, and the balance sheet capital by 0.3% up to AZN 344.76 million.