Azerenerji OJSC’s loss reduces 8-fold

Baku. 12 May. REPORT.AZ/ Azerenerji OJSC’s assets up by 0.9% in annual comparison to amount AZN 4,297,857 thousand by January 1, 2017. 

Report informs referring to company, in this period the company’s stock capital remained unchanged – AZN 1,760,495 thousand.

Azerenerji ended 2016 with AZN 108,928 thousand loss, which is 8 times lower than the company’s loss in 2015.

In reporting year, the company’s revenue made AZN 810,161 thousand. This is AZN 76,399 thousand or 10.4% more than that in 2015.

Total liabilities of the Azerenerji reduced by AZN 644,026 thousand or 18.4% to AZN 2,856,331 thousand.

Notably, audit of Azerenerji’s financial account was conducted by Deloitte Azerbaijan.