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Ansar Leasing Company increases profit sjarply

Ansar Leasing Company increases profit sjarply

06 February 2012 12:57 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of January 1, 2012, Azerbaijan-based Ansar Leasing Companyâ€™s leasing portfolio doubled to AZN 11.9 mln.

Company says cost of leased equipments made $ 19.120 mln, up by 2.2 times from 2010. At the same time, number of leasing contracts rose by 2.2 times to 360.

Note that, total income made AZN 1.612 mln, up by 3.7 times from previous year. Besides, expenditures increased by 2.1 times to AZN 0.822 mln. Consequently, profit soared by 17 timers to AZN 0.790 mln.

Remind that, Ansar Leasing was registered in December, 2008. Authorized capital makes AZN 5 mln.

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