Producer of chips in Azerbaijan made profit of 3.04 million manats for year

11:19 - 10.01.2024


January 10, Fineko/abc.az. The Snack Company LLC, a manufacturer of Chipsim potato chips in Azerbaijan, made a profit of 3.04 million manats in 2022, and revenue from the sale of chips amounted to 17.82 million manats. ABC.AZ informs with reference to company's financial report that company's revenues increased by 231% (3-fold) versus 2021 when revenue from sales could not cover its cost, as a result of which it suffered a total loss of 5.74 million manats.

As of January 1, 2023, company's capital balance had 3.16 million manats of retained earnings.