Accumulated loss of Azerenerji approaches AZN3 billion

Azerenerji OJSC ended 2020 with a loss of 206,924,000 million manats, Report informs citing the company's financial report that this is 9.6% less than in 2019.

However, during the reporting period, the accumulated loss increased by 8.15% and reached 2,748,472 million manats.

Azerenerji was established in 1997. Its authorized capital is 1,760,495 million manats. The agency is owned by the state and it is the main producer and exporter of electricity in the country.