11:13 - 3.04.2025

---

April 3, Fineko/abc.az. Petrochem Group LLC and Petrochem Performance Products LLC, which are engaged in the production and sale of petroleum products in Azerbaijan, allocated dividends in the amount of $761,000 (or 1.293 million manats) to their owners two years ago.

The consolidated net profit of the companies in 2023 amounted to $1.95 million, which is twice as much as in the previous year, ABC.AZ informs with reference to company's annual report.

The company's total revenue for 2023 was $11.01 million, which is 10.5% less than a year earlier. This amounted to $12.3 million in 2022.

The value of sales dropped from $7.94 million in 2022 to $7.096 million in 2023, a decrease of 10.7%.