Azerbaijan's AzerGold earns over AZN 1 bln from gold and silver

23 November 2024

Azerbaijan's AzerGold earns over AZN 1 bln from gold and silver sales

15:58 30 January 2024 Read: 930

Azerbaijan

“AzerGold Closed Joint Stock Company has earned 232.8 million manats from the sale of gold and silver items in both international and local markets last year,” Chairman of the Board of Directors of "AzerGold" CJSC Zakir Ibrahimov told a press conference, AzVision.az reports.

He highlighted a 15 percent increase in revenue for 2023 compared to 2022.

"Of the total revenue, 210.1 million manats were generated from exports, with 22.7 million manats from domestic sales. Gold sales accounted for 97.9 percent of the total revenue in 2023. The cumulative income from the sale of gold and silver items between 2017 and 2023 amounted to 1.19 billion manats," Zakir Ibrahimov added.

AzVision.az

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