As of January 1, 2019, the assets of the State Agency for Housing Construction LLC under the State Agency for Housing Construction stood at AZN 214.676 million, up 91.6% from the previous year, Report informs.
Liabilities rose 13.5-fold to AZN 432,000, total capital surged by 91.3% to AZN 214.244 million.
Revenues from sale of reserves amounted to AZN 13.829 million, base price of reserves to AZN 12.9 million, operating incomes rose 3.2-fold to AZN 117,000, financial incomes grew by 11.8% to AZN 5.946 million, general and administrative expenditures went up 15.9% to AZN 4.19 million, profit tax soared 2.3-fold to AZN 574,000. Consequently, the LLC ended 2018 on AZN 2.229 million in net profit, up 49.3% by contrast to a year earlier.
The LLC was established on April 11, 2019. Authorized capital is AZN 10 million.