Total net profit of 12 Azerbaijani investment companies down by 16%

The combined net profit of 12 investment companies operating in Azerbaijan’s securities market amounted to 7.11 million manats in 2024.

According to Report, this represents a 15.5% decrease compared to 2023.

Investment companies CFI Financial, Troni, and Xalq Kapital ended last year with losses. Troni's losses increased, while CFI Financial and Xalq Kapital, which had reported profits in 2023, posted losses in 2024.

Last year, the companies’ total pre-tax profit amounted to 9.127 million manats, down 14.8% from the previous year.

In 2024, total profit tax payments by the investment companies amounted to 2.014 million manats, which is 12.6% less than in 2023.