Silk Way West Airlines sees net profit triple in 2024

Silk Way West Airlines ended 2024 with a net profit of 245.062 million manats, which is three times more than in 2023, Report informs referring to the company's financial update.

In 2024, Silk Way West's profit before tax amounted to 310.688 million manats (+2.8 times compared to 2023), and income tax payments amounted to 65.626 million manats (+2.2 times).

As of January 1, 2025, Silk Way West assets amounted to 3.318 billion manats (an increase of 9.2% over 2024).

During the reporting period, the airline's liabilities increased by 3.4% to 1.538 billion manats, and its balance sheet capital increased by 14.7% to 1.780 billion manats.

Silk Way West was established in 2012. Its authorized capital is 179.387 million manats.

(1 USD = 1.70 manats)