A well-known company associated with "Pasha Holding" has lost millions

"Lu-Mun Holding" Ltd., one of the country's leading companies, ended last year with huge losses.
Yeniavaz.com reports with reference to the company's annual report, "Lu-Mun Holding"'s net loss for the year amounted to 13,524,000 manats.
Compared to last year, the company's loss has decreased.
So, in 2021, the company's loss amounted to 16 million 315 thousand manats.
It should be noted that "Lu-Mun Holding" LLC, operating since 2017, is an investment company implementing large-scale projects in the fields of agriculture and food production in Azerbaijan.
"Lu-Mun Holdinq" has subsidiaries LLC "Azerbaijan Fish Farm" in the field of fish production, LLC "Azerbaijan Poultry Company" in the field of poultry farming, LLC "Azerbaijan Organic Company" in the field of organic products and LLC "Azerbaijan Flowers Company" in the field of quality roses.
The company "Azerbaijan Fish Farm" is mainly engaged in the production and sale of caviar. "Azerbaijan Poultry Company" produces poultry products under the brand name "Mərcan".
It should also be noted that "Lu-Mun Holding" is located at the same legal address as "Pasha Holdinq", one of the largest companies in the country - at Neftchilar Avenue, 153.

Elnur Ali