15:06 - 7.02.2025

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February 7, Fineko/abc.az. Azerpocht completed 2024 with net profit of 73.5 million manats (2% more against 2023).

ABC.AZ reports that Isi Mustafayev, acting chairman of board of Azerpocht LLC, said this during a briefing on financial indicators for 2024.

"Starting in 2022, Azerpocht is actively implementing new digital solutions and innovations, which has allowed it to complete the last 3 years with net profit. This ensured the financial stability of the company. In 2024, EBITDA amounted to 9.9 million manats, and net profit - 4.5 million manats," he said.

The fundamental changes and transformation processes launched at Azerpoch since 2021 have contributed to improving the financial performance of the company.

Despite a loss of 7.7 million manats in 2020, the company achieved net profit of 4.5 million manats in 2024. Thus, compared to 2020, Azerpocht's net profit grew by 158%.