16:28 - 25.09.2025
September 25, Fineko/abc.az. The income of British company Anglo Asian Mining (AAM) from gold mining in Azerbaijan in the first half of 2025 increased by 3.1 times versus Jan-Jun 2024 and amounted to $40.9 million.
ABC.AZ reports, referring to the company that published the interim results of its operations in Azerbaijan for the first six months of 2025, revenue growth is associated with the uninterrupted operation of all processing plants during the period, which ensured higher production volumes and high prices for goods.
Company's pre-tax profit in the 1st half of 2025 was $7.1 million ($5.5 million for the same period in 2024). AAM's total profit for this period was $13.8 million (a year earlier, the loss was $1.7 million).
In the 1st half of 2025, company's financial expenses reached $1.7 million (41.7% more against Jan-Jun 2024), due to higher borrowing costs.
3 June 2026