15:37 - 7.07.2025
July 7, Fineko/abc.az. "2024 was our most successful year of activity."
ABC.AZ informs that Business Development Department’s director Elchin Mammadov said this at a press conference on the activities of ABB Invest.
He noted that during the specified period, ABB's commission income increased.
"During this period, our operating income reached 2.9 million manats. As income grew, so did expenses, which were mainly related to staffing.
The ratio of net profit to equity was 41%. This means profitability. The net profit to assets ratio was 9.6%. ABB Invest was the largest net profit company among investment companies. In terms of assets, we may not be the largest among investment companies, but in terms of the effective use of assets, we have better results," Mammadov said.
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