“CPM-Invest” investment company incurred losses of AZN 23,000 for first six months
"CPM-Invest” investment company has published financial indices for the first half of 2024.
For January-June the financial structure incurred a loss of AZN 23, 000 (the same period of the last year it finished with a profit of AZN 419, 000).
As of the beginning of July this year, the assets of “CPM-Invest” amounted to AZN 26.6 million, 4.3 times more than at the beginning of July last year. Liabilities of the investment company amounted to AZN 25 million (5.95 times more), balance sheet capital - AZN 1.6 million (18.9% less), including authorized capital - AZN 0.8 million (2 times more).
Finance
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Under the chairmanship of the Chairman of the Accounts Chamber Vugar Gulmamedov a regular meeting of the board was held. This was reported by the Chamber.
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In the first half of 2024, Nakhchivan Autonomous Republic of Azerbaijan received a subsidy of AZN 150.1 million from the state budget of Azerbaijan.
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Azerbaijan's current operating balance (COB) surplus totalled $2,625.3 million in the first half of 2024. This was reported by the Central Bank of Azerbaijan.
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In January-August 2024, receipts from compulsory state social insurance in Azerbaijan amounted to 3.7 billion manats. This was reported by the State Tax Service under the Ministry of Economy.
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