AzRe's operating income observed decline last year

11:44 - 18.03.2021

March 18, Fineko/abc.az. The total operating income of reinsurance company AzRe decreased to AZN 48.565 million.

ABC.AZ reports with reference to the company's financial indicators that operating income amounted to AZN 60.38 million in 2019.

An increase in operating expenses by AZN 19.576 million, along with a decrease in operating income by AZN 11.817 million led to a sharp decline in the company's profit.

By Elmir Murad

Other news