Sat, 8 November
14.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Analysis: growth of earnings from Armenian companies’ sales slows down by 4.1% in 2009

YEREVAN, February 17. /ARKA/. Growth of Armenian companies’ earning from sales slowed down by 4.1% in 2009, compared with 2008, to AMD 1793.8 billion by late December, Armenian State Revenue Committee said after analyzing large taxpayers’ indicators.

Earnings from sales of Pure Iron Plant, Zangezur Copper and Molybdenum Combine, Armenian Molybdenum Production, Armenian-Canadian Grand Tobacco, Armenia-International Airports, Armenian Railway, Pares-Armenia, Agarak Copper and Molybdenum Combine, Mikmetal, Yerevan Brandy Factory, Zangezur Mining and Toyota Yerevan shrank by AMD 128.4 billion in 2009, compared with 2008, to AMD 166.9 billion.

The committee has analyzed 325 large taxpayers’ 2009 indicators. ($1 = AMD 381.33).-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img