Assets of AtaHolding have reached 436 million 472.83 thousand manat (+ 38.35% per year).
As noted in the consolidated financial statements of the holding company for the past year, the volume of loans to customers by January 1 of this year was 233 million 892.66 thousand manat (+ 52.47%), investments that can be sold - 32 million 37 thousand manat (minus 89%), and the rest included other assets.
Liability at the beginning of this year amounted to 363 million 313.48 thousand manat (+ 43.25%), including deposits from banks and customers - 272 million 779.66 thousand manat (+ 27.8%).
Shareholders' equity of the holding as of January 1 of this year was 73 million 159.35 thousand manat (+ 18.25%) and the cumulative loss - 41 million 105.75 thousand manat (+ 17.42% per year).
JSC AtaHolding was established in 1993. AtaHolding shareholders are three entities - Hughson Management Inc (51.15%), Asbet Ltd. (25.08%) and Clonmel International (23.77%). The structure consists of more than 10 subsidiary companies operating in the financial sector, industry, information technology, tourism, construction, energy, and food industry. -17D-
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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