Loss year for Sheki Silk Combine: 600 thousand manat suffered

Shekinsky Silk Plant (AZəRİPəK LLC) As of 2020, losses for the amount of 268.3 thousand manat were losses. At the beginning of this year, unpaid losses of the plant reaches 600 thousand manat, refers to IA Turan on the company’s financial report.

Last year, Azərİpək LLC rescued 2 million 327 thousand manat from the sale of silk products at cost 2 million 122 thousand manat. Another 173.8 thousand manat came from the sale of scrap of black and non-ferrous metals. About 650 thousand manat is spent on the content of the administrative apparatus, including the wage Fund – 487 thousand manat. At the same time, 1.1 million manat was sent to earnings to employees of the company engaged in directly industrial activities. This, ultimately, turned to an enterprise to another unprofitable year.

For the age of Azerbaijani industrial corporation (AIC) – the founder of Azərİpək LLC, about 3 million manat was invested in its capital. Another 530 thousand manat provided a combine as a working capital.