12:54 - 4.03.2025

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 March 4, Fineko/abc.az. The net profit indicator of Azerpambıq Aqrar Senaye Kompeksi LLC in 2022 amounted to 26.7 million manats, and in 2023 - 8.39 million manats.

ABC.AZ reports that gross profit also dropped sharply. The total profit in 2022 totaled 38.9 million manats, in 2023 it fell to 18.5 million manats, which is 52.4% less.

The value of goods sold in 2023 reached 65.8 million manats (19.0% less than in 2022). Operating and administrative expenses remained stable at 7.9 million manats.

In 2023, company's total assets amounted to 242.6 million manats (5.9% higher than in 2022). This increase is linked mainly with an 11.9% increase in current assets.

Company's liabilities grew by 52.1% up to 69.7 million manats against 2022. This increase is linked mainly with accounts payable and other liabilities.

Retained earnings fell from 48.9 million manats to 39.2 million manats, which is 19.8% less. The reason for this is the payment of dividends in the amount of 1.3 million manats from retained earnings for the reporting period.