Level Leasing earned 522,000 manats in 6 months

12:47 - 19.11.2024


November 19th, Fineko/abc.az. Level Leasing OJSC completed the 1st half of 2024 with profit of 522,000 manats.

ABC.AZ informs with reference to company's semi-annual report, that Level Leasing paid 12,600 manats of income tax.

For the first 6 months of the current year, the interest income of Level Leasing amounted to 1.253 million manats, interest expenses - 479,400 manats, net interest income - 773,400 manats, commission fees - 18,800 manats.

The total operating income of the leasing company reached 1.27 million manats.

Administrative expenses of the leasing company amounted to 15,000 manats, transportation costs - 590 manats, wages and related tax payments - 191,600 manats, banking expenses - 4,700 manats, other expenses - 43,100 manats, net non-interest loss - 12,600 manats.

The company’s shareholders are Manzar Garayeva (52%), Elmira Rzayeva (19%), Solmaz Guliyeva (19%) and Ragsana Mammadova (10%).