17:41 - 4.07.2024

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July 4, Fineko/abc.az. A sharp drop in 2023 in the revenues of Silk Way West LLC, an airline part of Silk Way Holding, significantly affected its net profit, ABC.AZ informs, referring to the consolidated financial report.

If in 2022 the airline's revenues amounted to 3.225 bn manats, then in 2023 this figure decreased to 1.913 bn mantas (a drop in profit by 1.312 bn or 41% over the past year).

The company's total operating expenses amounted to 1.726 million manats, which means a 14% reduction in annual expenses.