AzerGold CJSC's 1st Quarter Retail Sales Revenue Increased by 8%

AzerGold Closed Joint-Stock Company (CJSC) successfully continued its operations in the precious metal retail sales market in the first quarter of 2024.

For this period, AzerGold CJSC earned revenue of AZN 3 million 56 thousand 254 from the sale of gold and silver coins and gold ingots through its official sales and exchange center. This is an 8% increase in retail sales revenue compared to the same period last year. Over this period, the company has sold retail 713 Oz of gold and 8 Oz of silver products.

It is worth noting that AzerGold CJSC has been producing coins of various designs and ingots from Azerbaijani gold and silver since 2018, and they have been available in the domestic retail market since 2019. As of April 1, 2024, revenue from retail sales of gold coins and ingots with a total weight of 9,787 Oz, and silver coins with a total weight of 533 Oz amounted to AZN 36 million 286 thousand 200.