"Competo" LLC, the owner of the "Umico" brand, has slightly increased its losses for the year ended 2023. During the reporting period, "Competo" made 32.34 mln. Manat was damaged.
17.11 million in 2022. formed manat.
It should be noted that 48% of the authorized capital of "Competo" LLC belongs to "BirKart" BOKT LLC, a subsidiary of "Kapital Bank" OJSC.
In the obtained report, the Bank recognized a portion of this amount in the consolidated statement of profit or loss during the period in the amount of 13,291 AZN (2022: 4,276 AZN), which is proportional to the ownership share of 25% to 48%.
Banker.az
