12:05 - 8.05.2024

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May 8, Fineko/abc.az. Bakı Polad Burazlar OJSC has published its financial statements for 2023.

ABC.AZ reports that the company ended last year with a loss of 3,000 manats. Over the past year, company's losses decreased by 70,100 manats, or 24.3-fold.

Company's main operating income last year amounted to 7,400 manats, cost of sales – 481,800 manats, and total profit – 256,600 manats.

Compared with 2023, revenues dropped by 806,400 manats (110-fold), the cost of sales grew by 40,500 manats (9.2%), and total profit fell by 116,000 manats or 31.1%.

Other operating income of the company reached 8,000 manats, expenses – 31,000 manats, administrative expenses – 236,600 manats, and total operating loss – 3,000 manats.

Operating income totaled 3,400 manats or 73.9%. The decrease in expenses amounted to 8,000 manats (20.5%), administrative expenses – 147,700 manats (42.5%), operating losses – 70,100 manats, or 24.3-fold.