Income of concrete producer in Azerbaijan grew 3.5-fold

17:26 - 25.09.2025


September 25, Fineko/abc.az. The operating profit of Bakı Mexanikləşdirmə və Beton – 1 in 2024 amounted to 64,600 manats (a rise of 81% versus 35,700 manats in 2023).

ABC.AZ informs, referring to company's annual report, the report did not include items related to net profit.

Core operating income increased to 3.84 million manats, which is 245% more than 1.11 million manats last year. And the sale price increased from 936,000 manats to 3.52 million manats, a rise of 276%. Despite the sharp increase in cost, the company managed to increase its total profit from 178,000 manats to 323,000 manats (81%).

The company is mainly engaged in production of concrete products in the construction sector and performing various jobs.