16:13 - 1.09.2021

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September 1, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) has published a report for the past year.

ABC.AZ reports that Fund’s net profit for 2020 amounted to AZN 5.36 bn.

Last year SOFAZ managed to receive income from the exchange rate difference on currency transactions and net income on this category reached AZN 1.244 bn.

In 2019, the Fund suffered net loss of AZN 524.267 million from the exchange rate difference on currency transactions.