Exol Azerbaijan's earnings decreased - Report

11:05 - 14.07.2025


July 14, Fineko/abc.az. Exol Azerbaijan CJSC, one of the residents of the Balakhani Industrial Park, completed 2024 with net profit of $2.38 million manats.

ABC .AZ informs that in 2023, company's income reached $2.77 million manats (15% more than a year earlier).

Last year, the main operating income of Exol Azerbaijan amounted to 6.15 million manats (0.6% less than a year earlier), cost of sales - 3.547 million manats (4% less than a year earlier).

As of December 31, 2024, overall assets of Exol Azerbaijan totaled 2.164 million (0.7% more than in 2023). Company's overall liabilities increased from 1.418 million manats up to 1.804 million manats, and the overall capital fell from 730,000 to 359,000 manats.