BAKU, Azerbaijan, August 4. The net profit of Azerbaijan's Ganja Automobile Plant Production Association amounted to 2.022 million manat ($1.18 million) in 2021, Trend reports via the software balance sheet published in the country's Respublika newspaper.
According to the audit report, the plant's operating income totaled 84.867 million manat ($49.9 million) in 2021.
In the reporting period, the software sale value made up 77.6 million manat ($45.67 million), while administrative expenses – 2.65 million manat ($1.5 million), commercial expenses – 1.5 million manat ($882,361), other operating spending – 529,280 manat ($311,344).
In 2021, the plant's profit before taxes reached 2.527 million manat ($1.48 million), whereas income tax payments – 505,550 manat ($297,385).
