Atəşgah Həyat reports serious decline on net profit

12:03 - 1.04.2021


April 1, Fineko/abc.az. Atəşgah Həyat has published a report on financial indicators for the past year.

ABC.AZ reports that company's net profit decreased by AZN 1.975 million or 28.4% year-on-year.

The main cause of the reduction is the increase in spending in connection with increased payment of insurance compensations.

At that, the cost of work in Atəşgah Həyat decreased from AZN 7.124 million in 2019 to AZN 4.929 million in 2020.

 

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