Gunay Sigorta has suffered losses


August 4, Fineko/abc.az. Gunay Sigorta completed the 1st half of 2021 with loss of AZN 554,000. At that, the company completed the same period of 2020 with profit of AZN 630,000.

ABC.AZ reports that this is stated in the financial statements of the insurer.

Over Jan-Jun 2021 Gunay Sigorta's revenues amounted to AZN 4.9 million (4.5% more year-on-year) and expenditures AZN 5.48 million (39.5% more).

As of 1 July of this year Gunay Sigorta’s assets totaled AZN 14.97 million (7.2% less than at the end of last year). For the reporting period company's liabilities decreased by 15.3% to AZN 6.769 million, and the balance sheet capital increased by 0.7% up to AZN 8.197 million.

Gunay Sigorta was established in 1992. Company's shares are owned by two individuals.