AzerGold to pay dividends to the state for the first time-TURAN
(Read the full article on turan.az)
This year, the first-ever since the beginning of its activity in 2015, the gold mining company AzerGold will pay dividends to the founder – the state, according to the chairman of the company’s Management Board, Zakir Ibragimov with reference to the preliminary results of the external audit for the 2020 financial year, TURAN reported.
Note that AzerGold has not yet disclosed its annual financial statement. According to the results of 2019, the company’s net profit was $12.4 million, a rise of 55%. As viewed by Zakir Ibragimov, the company has no outstanding bank loans today. Note that as of the beginning of 2020, the loan debts amounted to $72.5 million.
Jul 8, 2021