OJSC Azerkhalcha completed 2020 with a loss of 3.283 million mantles. The financial statements of the joint -stock company say that this is 38.5% less compared to 2019.
The company’s accumulated loss increased by 36% to 13.839 million manat.
In 2020, Azerkhalcha revenues from the sale amounted to 5.142 million manat (16.6 times more than in 2019), the cost of sales – 4.59 million manat (12 times more), other income – 1.146 million Manatov (a year earlier), administrative and operating expenses – 5.089 million manat (0.5% less), net profit from operations with foreign currency – 109 thousand manat (a year earlier was a loss).