Tbilisi (GBC) - According to the financial report, "Georgian Gas Transportation Company" records revenues of 104.2 million GEL in 2021, which is 10% less than the corresponding period of the previous year.
In the reporting period, the company reduces the amount paid in the cost of gas by 34.5% to 17.1 million GEL.
Accordingly, the operating profit of the company decreases by 29.7% to 18.9 million GEL.
Despite the decrease in sales and operating profit, the state company increased salaries by 18.2% to 15.8 million GEL.
In 2021, the company increased its assets by 2.6% to 204.8 million GEL, and its capital by 5.7% to 178.4 million GEL.
"Georgian Gas Transportation Company" LLC is the only licensed company with a permanent license term, which provides the right to carry out natural gas transportation.
"Georgian Gas Transportation Company" LLC operates up to 2000 kilometers of main gas pipeline.
The final controlling party of the company is the Government of Georgia. The general director of the company is Mikheil Shalamberidze.