Azerbaijan: Norm Cement’s sales grew by 47% year-on-year to US$74m in 2017 from US$50.4m in the same period in 2016. Its operating profit more than tripled to US$22.6 from US$6.62m. However, the cement producer reported that it paid US$25,000 in income tax in 2017 compared to US$710,000 in 2016.
Norm Cement’s sales grow by 47% in 2017
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