16:03 - 8.04.2022

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April 8, Fineko/abc.az. The Information & Computing Center of the Ministry of Digital Development & Transport ended 2019 with net loss of AZN 2.9 million (39.8% less than in 2018).

ABC.AZ reports that at the same time, the accumulated loss of the center increased by 18.5% up to AZN 18.613 million.

In 2019, Center's loss before income tax amounted to AZN 2.175 million (48.3% less than in 2018) and income tax payments amounted to AZN 725,000 (19.6% more).

As of 1 January 2020, Center’s assets amounted to AZN 29.523 million (6.6% less than a year earlier). Center's liabilities grew by 12.3% up to AZN 7.312 million, and the balance sheet capital decreased by 11.5% to AZN 22.2 million.

The Center was established in 1974, and has been operating as part of AzInTelecom LLC since last December. Its authorized capital is AZN 240,000.