17:36 - 2.11.2023

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November 2, Fineko/abc.az. AzeSteelCompany OJSC has suffered the loss of AZN 1.5 million in the 1st half of 2023, exceeding expenses.

ABC.AZ reports that this is reflected in company's semi-annual financial statements.

Company's income for the 1st half of the year amounted to AZN 571,000 and expenses — AZN 2.8 million.

Thus, as of July 1, 2023, the accumulated loss on the capital balance of the construction company amounted to AZN 3.869 million.

At the end of the reported term, company's debt obligations amount to AZN 14.206 million, of which AZN 5.549 million are bonds.