17:02 - 9.07.2025

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July 9th, Fineko/abc.az. Merano-Baku OJSC completed 2024 with net profit of 1.939 million manats.

ABC.AZ reports, referring to company’s financial statements, that the figure is 12.5% less than in 2023.

Last year, Merano-Baku's profit before taxes amounted to 3.972 million manats (48.3% more than a year earlier), income tax payments - 794,000 manats (43.3% more), and expenses not deducted from income - 1.238 million manats (no such expenses in the previous year).

As of January 1, 2025, Merano-Baku assets totaled 17.675 million manats (5.3% more than a year earlier). Company's liabilities increased by 3.5% up to 14.561 million manats and the balance sheet capital by 14.4% up to 3.314 million manats.