UniLeasing sees 38% decline in Q1 profit

UniLeasing sees 38% decline in Q1 profit
# 21 April 2011 07:49 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based UniLeasing’s leasing portfolio stood at AZN 29.747 mln, down 7.9% in comparison to a year ago.

Company says number of leasing contracts decreased by 33% to 80, value of the leased equipment went down 34% to AZN 2.753 mln.

According to information, it invested AZN 2.535 in economy, down 36.3%. Volume of authorized capital remained unchanged at AZN 1.8 mln.

Total income went down 3.3% to AZN 1.150 mln, expenses decreased by 15% to AZN 0.898 mln. Consequently, Q1 portfolio of the company made AZN 0.252 mln, down 38% compared to a year ago.

Remind that, UniLeasing Company has been in existence since 2004.


1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED