Norm OJSC announced its financial statement for 2021
Norm OJSC announced its audited financial statements for 2021. According to the statement, the total income of the Company in 2021 increased by 9.3% compared to the previous year and reached 170.86 million manats. At the same time, the operating profit of the company increased by 11.3% compared to the previous year and was 41.2 million manats.
In 2021, Norm OJSC managed to increase its net profit. Thus, the net profit of the Company increased and reached 28.4 million manats.
The production capacity of Norm Cement plant is 5,300 tons of clinker per day and 2,1 million tons of cement per year. It is the largest cement plant in the South Caucasus.