PASHA Heyat Sığorta paid income tax of over AZN 8 million for 2019


April 2, Fineko/abc.az. PASHA Heyat Sığorta has published the financial statements for 2019.

ABC.AZ reports with reference to insurer’s report that the company finished last year with net profit of AZN 32.13 million (by AZN 10.75 million or 50.5% more against 2018). So, PASHA Heyat Sigorta completed 2018 with net profit of $21.26 million.

In 2019 company's total income reached AZN 196.978 million and total expenses AZN 156.742 million. The insurer paid income tax for AZN 8.223 million out of net profit of AZN 40.236 million.

For comparison, in 2018 PASHA Heyat Sığorta’s revenues amounted to AZN 151.89 million and total expenses AZN 124.32 million. In the same year the company paid income tax in the amount of AZN 5.508 million from the financial profit of AZN 26.768 million.