17:43 - 30.05.2025

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May 30, Fineko/abc.az. Investment company Capital Partners OJSC completed 2024 with net profit of 39,300 manats. The figure is 58.4% or 55,200 manats less than the profit for 2023 (94,500 manats).

ABC.AZ informs, referring to company's annual audit report, that operating income in 2024 grew up to 374,700 manats. This idnicator is 130,900 manats or 53.7% more compared with the previous year.

Income from investment activities also increased from 7,800 manats in 2023 up to 21,800 manats in 2024 (an increase of 179%).

However, the sharp increase in expenses had negative impact on profits. Administrative and other operating expenses increased from 154,900 manats in 2023 up to 333,500 manats in 2024 (a rise of 2.15-fold). The most noticeable increase was observed in labor costs: from 139,200 manats in 2023 up to 262,400 manats in 2024.

Company's liabilities have also grown: from 40,600 manats in 2023 up to 124,600 manats in 2024 (more than 3-fold rise). The main growth was recorded in contractual obligations and trade payables.