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    Azerenerji OJSC’s loss reduces 8-fold

    The company’s revenues last year soared by 10%

    Baku. 12 May. REPORT.AZ/ Azerenerji OJSC’s assets up by 0.9% in annual comparison to amount AZN 4,297,857 thousand by January 1, 2017. 

    Report informs referring to company, in this period the company’s stock capital remained unchanged – AZN 1,760,495 thousand.

    Azerenerji ended 2016 with AZN 108,928 thousand loss, which is 8 times lower than the company’s loss in 2015.

    In reporting year, the company’s revenue made AZN 810,161 thousand. This is AZN 76,399 thousand or 10.4% more than that in 2015.

    Total liabilities of the Azerenerji reduced by AZN 644,026 thousand or 18.4% to AZN 2,856,331 thousand.

    Notably, audit of Azerenerji’s financial account was conducted by Deloitte Azerbaijan

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