15:08 - 25.07.2025

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July 25, Fineko/abc.az. The Karabakh Revival Fund finished 2024 with net profit of 137.525 million manats. In 2023, Fund's profit totaled 240.553 million manats (43% less than a year earlier).

ABC.AZ informs that this is stated in the financial statements and the report of the independent auditor. In 2024, a total of 80.286 million manats was donated to the Karabakh Revival Fund (2.6-fold less than a year earlier). By investing part of the available finances in securities, the Fund received financial (investment) income in the amount of 74.579 million in 2024.

The financial income received increased by 58% compared with last year. As a result, the share of financial income in Fund's total revenue grew from 18.60% up to 48.16% over the year.

Thus, as of December 31, 2024, Fund’s overall assets increased by 9.5% or by 140.7 million manats and reached 1.617 billion manats.

The income tax of the Fund for 2024 amounted to 14.596 million (5.198 million manats, or 55.32% more than in 2023).