AzerGold contributes 2.3 billion manats to Azerbaijan's economy
- 24 September, 2026
- 17:01
As a result of AzerGold CJSC's activities to date, 2.3 billion manats ($1.35 billion) in revenue had been generated for Azerbaijan's economy and 267.2 million manats ($157.2 million) in tax payments had been made to the state budget as of August this year.
According to Report, AzerGold Chairman Zakir Ibrahimov said this at a press conference today.
"These figures reflect the company's contribution to the development of the country's non-oil industry, the expansion of export potential and the formation of state revenues," he said.
Ibrahimov noted that the company had earned a total profit of 618 million manats ($363.5 million) during this period.
"Based on the financial results for 2025, around 42 million manats ($24.7 million) of the profit is expected to be transferred to the state budget in the form of dividends," he added.