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Azerbaijan's Goygol Winery records over $180,000 in profit for 2025
Business
- 30 June, 2026
- 10:27
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Azerbaijan's Goygol Winery OJSC closed 2025 with a profit of 312,000 manats (just over $183,500), reversing a loss of 589,000 manats (just over $346,400) recorded in 2024, Report informs, citing the company's financial statement.
As of January 1, 2026, the company's assets stood at 77.305 million manats (approximately $45.5 million) – a 7.2 percent increase year‑on‑year.
During the reporting period, liabilities rose by 15.6 percent to 35.883 million manats (just over $21.1 million), while equity grew by 0.8 percent to 41.422 million manats (nearly $24.4 million).
Founded in 2005, Goygol Winery OJSC has a charter capital of 55.462 million manats (just over $32.6 million).
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