AzerGold Net Profit Surges by Nearly 71% in H1 2026 — Financial Report

16:57 - 25.08.2026


August 25, Fineko/abc.az. "AzerGold" CJSC closed the first half of 2026 with a net profit of 56.673 million USD. According to the company's financial report, this represents a 70.8% increase compared to the same period last year.

Key Financial Highlights for H1 2026:

  • Sales Revenues: 145.616 million USD (up 24.8%)

  • Cost of Sales: 63.69 million USD (up 1.62%)

  • General & Administrative Expenses: 22.246 million USD (up 59.4%)

  • Rental Income: 7.5 million USD

  • Other Income: 1.784 million USD (up 2.6-fold)

  • Financial Income: 1.807 million USD (up 2.3-fold)

  • Income Tax Payments: 14.098 million USD (up 68.6%)

Assets and Equity Dynamics (as of July 1, 2026):

  • Total Assets: Increased by 20.2% to reach 645.731 million USD.

  • Total Liabilities: Decreased by 3.6% to 100.014 million USD.

  • Total Equity: Grew by 25.9% to 545.717 million USD.

  • Charter Capital: Expanded 4.5-fold to 163.706 million USD.