Ipek Yolu Sigorta’s net profit declined

11:35 - 2.08.2022

August 2, Fineko/abc.az. Ipek Yolu Sigorta completed the 1st half of this year with net profit of AZN 478,000 (by 0.6% less against Jan-Jun 2021).

ABC.AZ  reports that over Jan-Jun Ipek Yolu Sigorta's revenues amounted to AZN 6.749 million (23.3% less versus Jan-Jun 2021), expenses – AZN 6.15 million (24.9% less), and income tax payments – AZN 120,000 (the same amount).

As of 1 July of this year, Ipek Yolu Sigorta's assets totaled AZN 23.476 million (14.9% less than a year ago). Company's liabilities reduced by 30.4% to AZN 7.13 million, and the balance sheet capital by 5.7% to AZN 16.346 million.

Other news