Azəristiliktəchizat has suffered losses of approx. 115 million manats

13:42 - 3.07.2026


July 3, Fineko/abc.az. Despite a slight increase in overall assets of national heating company Azəristiliktəchizat OJSC, its liabilities have been reduced.

ABC.AZ informs with reference to organization’s annual financial report as of December 31, 2025.

Company's overall assets grew by 0.31% against 2024, increasing from 163.262 million manats up to 163.775 million manats.

Long-term assets (property, buildings, and equipment), which make up the majority of the company's assets, increased by 0.06% up to 128.9 million manats.

Company's current assets grew due to an increase in inventory. This figure increased by 22.5% compared to last year, growing from 5 million up to 6.1 million manats.

Azəristiliktəchizat’s overall liabilities decreased by 13.2% - from 87.2 million to 75.7 million manats. In particular, long-term debt liabilities lowered by 29% (to 11 million manats).

Heating company's accumulated loss declined by 6% (approx. 7.3 million manats), falling from 122.2 million to 114.8 million manats.