Income of insurer Aqrar Sığorta decreased by 35%

11:01 - 8.04.2024


April 8, Fineko/abc.az. Aqrar Sığorta Müştərək Sığorta Şirkəti OJSC completed 2023 with net profit of 57,194 manats. In 2022, the company made profit of 170,150 manats (almost 3-fold less than a year earlier).

ABC.AZ informs with reference to company's report that Aqrar Sığorta's revenues last year amounted to 11.38 million manats (35% less than a year earlier), including investment income of 84,000 manats (12% less), expenses — 11.307 million manats (35% less), and tax payments — 17,000 manats (2.6-fold less).

As of January 1, 2024, Aqrar Sığorta’s assets totaled 13.5 million mantas (6% less than a year ago).

Company's liabilities dropped by 6% to 11.26 million manats, and balance sheet capital by 5% to 2.27 million manats.