Insurance company whose net profit reduced by 43.5% - Report

15:58 - 9.04.2026


April 9, Fineko/abc.az. Ipək Yolu Sığorta OJSC completed 2025 with net profit of 885,000 manats (43.5% less than in 2024), ABC.AZ informs with reference to company's financial statements.

Last year, Ipək Yolu Sığorta's earnings amounted to 7.412 million manats (19.5% less than a year earlier), expenses - 6.306 million manats (13.1% less), and income tax payments - 221,000 manats (43.6% less).

As of January 1, 2026, Ipək Yolu Sığorta's assets totaled 22.694 million manats (3% less than a year ago). Company's liabilities decreased by 4.8% to 6.718 million manats and balance sheet capital by 2.2% to 15.976 million manats.