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Xalq Sigorta ended 2019 with loss of over AZN 17 million

03.04.2020,13:09


April 3, Fineko/abc.az. Xalq Sigorta completed 2019 with net loss of AZN 17.656 million.

ABC.AZ reports with reference to Company's financial data that last year the total revenues of Xalq Sigorta amounted to AZN 12.435 million and total expenses AZN 30.9 million. The company faced a loss as expenses exceeded revenues. For comparison, Xalq Sigorta finished 2018 with net profit of AZN 2.25 million.