11:02 - 27.08.2026

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August 27, Fineko/abc.az. The State Oil Company of Azerbaijan Republic (SOCAR) has disclosed its financial results for 2025. While revenue ticked up 1.9% to reach 86.3 billion manats, gross profit experienced a sharp increase of 70.5%, totaling 12.61 billion manats. Driven by operational optimization, the company closed the year with a net profit of approximately 3 billion manats.

During the reporting period, operating profit grew by 80.1% to 5.2 billion manats, while earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 26% to 10.9 billion manats.