BAKU, Azerbaijan, April 19. Net profit of Azerbaijani Azerbaijan’s Surakhani Machine-Building Plant OJSC amounted to 284,100 manat ($167,100) in 2021, Trend reports with reference to the balance sheet of the company, published in Xalq qazeti newspaper.
According to the data confirmed by the audit report, the operating income of the company amounted to 5.7 million manat ($3.3 million) in 2021.
Operating expenses of Surakhani Machine-Building Plant OJSC totaled 4.3 million manat ($2.5 million), financial expenses – 52,700 manat ($31,000), other expenses – 964,900 manat ($567,500).
The company's profit before taxes amounted to 355,100 manat ($208,800), income tax payments – 71,020 manat ($41,700) in 2021.
The company's assets increased by 61.6 percent - up to 9.9 million manat ($5.8 million), liabilities - by 346.5 percent - up to 4.9 million manat ($2.8 million), and the capital decreased by 0.63 percent - up to 4.9 million manat ($2.8 million) in 2021, compared to 2020.
