In 2023, net profit of Bakı Neft Maşınqayırma Zavodu increased by 31%

11:55 - 5.06.2024


June 5, Fineko/abc.az. Bakı Neft Maşınqayırma Zavodu LLC received 560,000 manats of net profit in 2023, exceeding the result of 2022 by 31%. In 2022, the company received net profit of 427,000 manats.

ABC.AZ informs, referring to the annual financial report of the plant that the enterprise mainly produces equipment used in the oil & gas industry. In 2023, it received income of 5.547 million mantas (33% more than a year earlier). The cost of sales reached 4,429 manats.

The plant has authorized capital of 16.1 million manats.