Azerbaijan's investment sector earns net profit worth AZN 4 million in first six months

Azerbaijan's investment sector earns net profit worth AZN 4 million in first six months

In the first half of 2024 Azerbaijan's investment companies earned a net profit of AZN 4.4 million. This is stated in the semi-annual report on financial stability published by the Central Bank of Azerbaijan.

According to the document, this is down by AZN 0.8 million, or about 15.4% from the same period of 2023.

‘The main factor contributing to the drop in net profit for investment companies was the growing administrative expenses of some companies,’ the report says.

Leave a review

Finance

Follow us on social networks

News Line