10:44 - 1.05.2024

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May 1, Fineko/abc.az. Azerishig OJSC completed 2023 with net profit of 14.728 million manats.

ABC.AZ reports that the company finished 2022 with net profit of 56.257 million manats.

Thus, the net profit of Azerishig in 2023 decreased 3.8-fold against 2022.

According to company's financial statements, Azerishig's revenues from sales grew from 1.54 bn manats in 2022 up to 1.619 bn manats in 2023 (an increase of 78.898 million manats or 5.1%).

Despite growth of Azerishig's income last year, the increase of many of its expenses led to a drop in net profit.