Azpul’s net profit drops 5-fold

11:27 - 26.05.2026


May 26, Fineko/abc.az. Non-bank credit organization Azpul LLC completed 2025 with net profit of 11.767 million manats (5-fold less versus 2024), ABC.AZ reports with reference to NBCO's financial statements.

Last year, Azpul's pre-tax profit amounted to 14.291 million manats (5.5-fold less than a year earlier), and tax payments totaled 2.524 million manats (5.6-fold less).

As of January 1, 2026, Azpul's assets amounted to 64.926 million manats (16.1% less than a year ago). Of them, 23.047 million manats accounted for loans given to customers. In 2025, NBCO’s loan portfolio decreased 2.3-fold.

Azpul's liabilities declined 5.5-fold to 1.177 million manats, and its balance sheet capital fell by 10.2% to 63.749 million manats.