"Azertekrargarametal" OJSC announced the financial report for 2021.

"APA-Economics" informs that OJSC once again ended the year with a loss.

Thus, in 2021, other incomes of "Azertekrargarametal" amounted to 29.6 thousand manats (17.5% more than the previous year).

The administrative costs of the company were 25.4 thousand manats, other operational costs were 14.2 thousand manats, the operating loss was 10 thousand manats, and the expenses not taken into account in the tax amounted to 540 manats.

As a result, OJSC ended last year with a net loss of 10.5 thousand manats.

This is 39.7% less than the previous year.

Thus, in 2020, the net loss of the company was 17.5 thousand manats.

As of December 31, 2021, the company's total assets decreased by 0.06% to 1,531 million manats, while its total liabilities increased by 0.4% to 2,495 million manats.

The capital shortfall of "Azertekrargarametal" increased by 1% and reached 963.9 thousand manats.