12:43 - 29.03.2024

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March 29, Fineko/abc.az. Bakı Sığorta OJSC completed 2023 with net profit of 556,000 manats.

ABC.AZ informs that according to company's annual report, in 2022 insurer’s profit reached 103,000 manats (5.4-fold more than a year earlier).

Last year, Bakı Sığorta's total revenues amounted to 7.663 million manats (9% more than a year earlier), total expenses – 7.107 million manats (2.5% more than a year earlier), income tax was not paid.

The total assets of Bakı Sığorta totaled 12.244 million mantas (4% less than at the beginning of the year). The total capital of the insurance company increased by 7% up to 8.512 million manats.

Last year, the insurance premiums accrued by Bakı Sığorta fell to 4.952 million manats against 6.342 million manats in 2022.