BAKU, Azerbaijan, November 14. The net profit of AzerGold CJSC amounted to $11.2 million as a result of the first quarter of 2022, Trend reports citing AzerGold's report.
The revenues from sales amounted to $48.1 million (growth by 1.3 percent over the year), and other income amounted to $1.07 million (growth by 12.8 times over the year).
The cost of sales equaled $26.7 million, general and administrative expenses - $7.5 million, interest expenses - $400,000, other operating expenses - $66,000, and income tax payments - $3.148 million.
As of July 1, 2022, AzerGold's assets amounted to $289.8 million, which is 85.2 more than in the same period last year, liabilities increased by 23.1 percent - up to $45.2 million, balance sheet capital doubled - up to $244.5 million.
