Azerishig ends 2016 on loss of AZN 26M

#
# 08:54
24 May 2017

Of this, AZN 618,616,067 are short-term, AZN 1,409,306,653 – long-term assets. In the structure of assets, share of property, plant and equipment makes up AZN 1,389,164,538. Receivables amounted to AZN 524,252,213. As at the end of the reporting period, the OJSC created reserve in the amount of AZN 26,212,611 to write-off doubtful debt.

 

Liabilities dropped 33.9% or AZN 658,578,017 to AZN 658,578,017.

 

Authorized capital slid 32.87% or AZN 337,723,586 to AZN 885,633,532.

 

The OJSC ended 2016 on loss of AZN 25,636,439.15, while it was AZN 31,288,554.94 at the end of 2015. 

#
#

THE OPERATION IS BEING PERFORMED