Baku 14° C
Profit of Baku Stock Exchange drops by 33%
Finance
- 16 June, 2016
- 07:40
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 16 June. REPORT.AZ/ "Baku Stock Exchange" CJSC (BSE) ended 2015 year with a net profit of about 36 mln AZN. Report informs it was said in the annual meeting of shareholders of the BSE.
BSE ended 2014 with net profit of 54 mln AZN. In other words, the company's net profit fell by 33.3% last year.
After a sharp devaluation of manat and weakening of interest in the stock market, as well as suspension of participation of government agencies - the Ministry of Finance and the Central Bank in the capital market.
BSE shareholders meeting has not made a decision on the payment of all net profits acquired in 2015 to shareholders.In other words, the profits will be retained.
Author
Latest News
23:57
Bulgarian Air Force fighter jets escort two passenger planes following bomb threats
Other countries
23:49
Hakan Fidan: Türkiye will continue to defend rights and interests of Northern Cyprus
Region
23:25
Donald Trump appoints Stephen Miller as White House chief of staff
Other countries
23:21
Unknowns attempt to set French school on fire during classes
Other countries
22:59
Photo
SOCAR and Honeywell Technologies sign Global Framework Agreement
Energy
22:38
FT: Europe threatened with new wave of attacks on transport
Other countries
22:34
Photo
Official reception to mark Azerbaijan's Victory Day held in Serbia
Foreign policy
22:09
Tahir Taghizada: Azerbaijan strengthens its role as connectivity hub between Europe and Asia
Foreign policy
21:38
Participants of Azerbaijan NGOs Cooperation Forum address President Ilham Aliyev
Domestic policy