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Technika Leasing increases leasing contracts by 20%

Technika Leasing increases leasing contracts by 20%

06 February 2012 10:35 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of January 1, 2012, Azerbaijan-based Technika Leasingâ€™s leasing portfolio stood at AZN 3.232 mln, down 5% from 2011.

Companyâ€™s chief accountant Bilal Ruhullazadeh says the number of leasing contracts increased by 20% to 24, cost leased equipments dropped 45% to AZN 1.595 mln.

Company says 75% of leasing portfolio went to special construction techniques, 20% - vehicles and 5% - to other spheres.

Total incomes made AZN 233,351,000, expenditures â€“ AZN 924,649,000. Consequently, companyâ€™s loss made AZN 691,000.,

Remind that, Technika Leasing has been in operation since 2006.

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