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Baki Sigorta`s profit fell by 29%

08.04.2020,12:07


April 8, Fineko/abc.az. Insurance company Baki Sigorta finished 2019 with net profit of AZN 237,000 (by 29% less than in 2018).

ABC.AZ reports with reference to Company's report that it ended 2018 with net profit of AZN 334,000.

Last year insurer’s total revenues amounted to AZN 2.86 million and total expenditures AZN 1.789 million. Baki Sigorta paid income tax in the amount of AZN 59,000 from operating profit of AZN 296,000.

For comparison, in 2018 Company’s total revenues amounted to AZN 2.109 million, total expenses AZN 1.69 million, operating profit (financial profit) AZN 418,000. In the same year the insurer paid income tax of AZN 83,605.