Bank Of Baku

SOCAR gets AZN 977 mln net profit

SOCAR gets AZN 977 mln net profit
# 08 July 2014 13:53 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. Net profit of the State Oil Company of Azerbaijan (SOCAR) made AZN 977 mln in 2013, up 2.3% from a year ago, APA reports quoting SOCAR’s consolidated financial statement for 2013. 

 

Profit on operation made AZN 1,651,000,000, up 18.5% compared to a year earlier.

 

Allocations on profit tax stood at AZN 444 mln, down 6.6% in comparison to a year earlier. 

 

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