Loss of "Azərxalça" OJSC increases 5-fold

Loss of "Azərxalça" OJSC increases 5-fold The company increased assets by 3-fold
Business
April 30, 2018 17:37
Loss of Azərxalça OJSC increases 5-fold
Report

Baku. 30 April. REPORT.AZ/ Total assets of "Azərxalça" OJSC on January 1, 2018, have reached 44.565 million AZN.

Report informs referring to the financial statement of the company, it is 3-fold more than in the same period last year.

Long-term assets of "Azərxalça" OJSC in 2017 soared by 13-fold and reached 15,667 million AZN, while the current assets up by 2,1-fold to make 28,898 million AZN.

During the year, total liabilities of "Azərxalça" OJSC up 4,1-fold and made 107,000 AZN, total capital up by 3-fold to make 44.458 million AZN.

"Azərxalça" OJSC, which started carpet sale in 2017, has finished last year with a loss of 566,253 AZN, which is 5-fold more than in 2017.

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