Ganja Automobile Plant sees sharp decline in profit
Industry
- 04 August, 2022
- 06:24
Ganja Automobile Plant ended 2021 with 2.022 million manats ($1.2 million) in net profit, down 3.7-fold from the previous year, Report informs.
As of January 1, 2022, the assets stood at 97.722 million manats ($57.48 million), up 20.35 in comparison to a year earlier. The liabilities rose 29.3% to 66.097 million manats ($38.88 million), and net worth surged 5.1% to 31.625 million manats (18.6 million).
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