Senaye Sigorta`s total capital grew more than by AZN 12 million


April 8, Fineko/abc.az. Senaye Sigorta has unveiled the financial indicators of 2019.

ABC.AZ reports that Company's main operating expenses amounted to AZN 4.039 million, including compensations paid for AZN 2.213 million and premiums for reinsurance collected for AZN 1.713 million.

In addition, Senaye spent AZN 1.826 million for certain works in 2019.

As a result, Senaye Sigorta finished 2019 with an operating profit of AZN 976,240. After paying income tax of AZN 195,248, its net profit amounted to AZN 780,992.

At the end of 2019 Senaye Sigorta's assets amounted to AZN 18.48 million, while its liabilities reached AZN 6.177 million. Company's total capital grew by 6.8% up to AZN 12.3 million.