Silk Way West Airlines earns $354 million in H1

Kanan Sadigov
Author

The Silk Way West Airlines LLC ended the first half of 2022 with 602.314 million manats ($354 million) in profit, Report informs, citing the LLC.

The LLC says the pre-tax profit amounted to 768.141 million manats ($451.85 million), and the profit tax stood at 165.827 million manats ($97.55 million).

As of July 1, 2022, the assets made up 2,440,076,000 manats ($1.44 billion), showing a 19.4% growth compared to a year earlier. Liabilities dropped 5.5% to 1,338,988,000 manats ($0.79 billion), and net worth went up 75.8% to 1,101,088,000 manats ($0.65 billion).

Silk Way West Airlines was established in 2012. The authorized capital is 172.091 million manats ($101.23 million).

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