15:59 - 29.01.2026
January 29, Fineko/abc.az. In 2025, Azerbaijan Senaye Sigorta (Azərbaycan Sənaye Sığorta) suffered losses due to a faster increase in expenses and insurance losses than income.
ABC.AZ informs that the company ended 2025 with net loss of 2.82 million manats, while the net profit in 2024 reached 1.3 million manats. Thus, net profit decreased by 317% versus 2024. After that, accumulated capital loss fell to 1.41 million manats. Thus, in 2025, this figure totaled 1.42 million manats of retained earnings.
As for revenues, in 2025 the company earned 29.20 million manats (8.8% more than in 2024). The main operating income grew significantly up to 33.45 million manats (a rise of 27.2%). Investment income was recorded at 2.45 million manats (a rise of 29.8%). Expenses amounted to 32.02 million manats year-on-year (a rise of 26.9%), mainly due to an increase in work costs (5.21 million manats).
3 July 2026
3 July 2026
3 July 2026