Bank Of Baku

Total mutual receivables of enterprises rise by 14.7% in Azerbaijan

Total mutual receivables of enterprises rise by 14.7% in Azerbaijan
# 22 December 2006 14:15 (UTC +04:00)
The profit and deficit of the enterprises and organizations (excluding agricultural enterprises) stood at AZN 1 915 800 and AZN 226 400 during the period of January-September, State Statistical Committee told APA.
The profit earned by the enterprises grew by 31.9% or AZN 463.3m, year-over-year, in this period, of which 69.8% was made in industrial enterprises.
The profit made by transportation companies accounted for AZN 149.3m, communications AZN 131.4m, building companies AZN 53.7m.
Moreover, 66.4% of the deficit was suffered by industrial, 21.1% by transportation, 1.8% by financial. 5.6% by building and 0.8% by commercial and service enterprises.
As of October 1, the mutual receivable accounts among the organizations and enterprises reached AZN 6 011.1m, which is a 14.7% rise from early this year. /APA/
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