Lankaran-Sarnishin OJSC operates at loss

12:46 - 11.08.2023


Lankaran-Sarnishin OJSC published a report on the results of 2022.

ABC.AZ reports that last year the company's income increased by 52%, or AZN 166,000, to AZN 481,000, while the company's expenses increased by more than 40%, from AZN AZN 356,000 to AZN 502,000

As a result, Lankaran-Sarnishin OJSC ended 2022 with a loss of AZN 21,000.

The OJSC also completed the previous year with a loss of AZN 41,000.
In 2022, Lankaran-Sarnishin OJSC grew slightly, with its assets increasing from AZN 470,000 to AZN 504,000.
The company's capital remained at AZN 288,000, while its liabilities increased slightly, from AZN 181,000 to AZN 210,000.