BSE sees sharp decline in net profit 

Baku Stock Exchange (BSE) ended 2020 with AZN 826,000 in net profit, down 3.7-fold from 2019.

In the reporting period, the pretax profit amounted to AZN 1.044 million (down 3.6-fold from a year earlier), profit tax dropped 3.5-fold to AZN 218,000.

As of January 1, 2021, the assets stood at AZN 12.763 million, 7.8% more than a year ago. Liabilities rose by 9.7% to AZN 1.098 million, and net worth surged 7.6% to AZN 11.665 million.

BSE has been in operation since 1997.