This company`s operating expenses grew up to AZN 1.218 million


April 23, Fineko/abc.az. Insurance and reinsurance broker Marsh completed the past year with net profit of AZN 481,000.

ABC.AZ informs with reference to Marsh’s report that in 2019 the company earned AZN 1.855 million (versus AZN 1.714 million in 2018).

Despite the increase in revenue, the increase in operating expenses from AZN 846,000 up to AZN 1.218 million in annual comparison led to a decrease in operating and, ultimately, net profit.