10:58 - 21.10.2026

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October 21, Fineko/abc.az. In 2025, the net profit of A+CO decreased by 45%, from 1.41 million manats to 774,100 manats. The drop in profit was mainly influenced by a rise in administrative expenses to 18.26 million manats (in the previous year: 9.81 million manats) and financial expenses to 4.84 million manats.

According to company's financial report, company's main operating income increased by 14%, from 52.85 million manats up to 60.14 million manats, and gross profit due to cost reduction amounted to 24.87 million manats.

Company’s overall assets fell from 97.45 million manats to 79.50 million manats and overall liabilities from 96.13 million manats to 77.4 million manats. Due to the growth of retained earnings, the total capital increased from 1.33 million manats up to 2.10 million manats.

The company, which started its activity in 1997 with the production of raw materials for pomegranate juice, has been operating under the name “A+CO” for the production and sale of alcoholic beverages (wine, vodka, cognac) since 2006. The founder of the company since September 14, 2023 is Elbrus Nabiyev. He owns 100% of the company's shares.