Operating loss of Baku Stock Exchange sharply increases

Baku. 24 June. REPORT.AZ/ Last year, operating loss of Baku Stock Exchange (BSE) increased by 7.4 times and amounted to 796.1 mln AZN. 

Report informs, it was announced after the results of the audit held by "ANR Audit".

According to the information, BSE's total revenues in 2015 amounted to 497.6 mln AZN, which means a decrease of 52.1% compared to 2014.

At the same time, stock exchange costs inannual comparison increased by 11.1% to 1 293.7 thousand AZN.

BSE's year profit (after tax) decreased by 33.6% to 36.34 AZN.The amount of the profit before the tax decreased by 36% to 61.96 thousand AZN in annual comparison.

Notably, BSE's total assets increased by 1.4% over the previous year up to 3 360,3 thousand AZN, total liabilities increased by 12.9% to 73.8 mln AZN, total capital increased by 36.34 AZN or 1,12% to 3 286,6 thousand AZN.