15:53 - 1.09.2021

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September 1 Fineko/abc.az. The net profit of the State Oil Fund of Azerbaijan (SOFAZ) for 2020 amounted to AZN 5.36 bn (24% more than a year earlier), ABC.AZ reports with reference to SOFAR's financial statements.

Fund's operating income reached AZN 5.327 bn (19.9% more than a year earlier).

Net profit on gold bars, which make up the main part of SOFAZ’s revenues, totaled AZN 2.06 bn (a rise of 72.4% year-on-year).