Net profit of Qala Həyat Sığorta decreased more than by 5%

11:54 - 12.05.2026

May 12, Fineko/abc.az. Qala Həyat Sığorta completed the first quarter of this year with net profit of 1.995 million manats.

ABC.AZ informs, referring to company's financial statements, that the indicator is 5.05% less versus Q1 of 2025.

Over Jan-Mar 2026, Qala Həyat Sığorta's revenues amounted to 7.136 million manats (17.4% more than a year ago), expenses - 4.642 million manats (34.55% more), and income tax payments - 499,000 manats (5.05% less).

As of April 1, 2026, the assets of Qala Həyat Sığorta totaled 51.173 million manats (8.7% more than a year earlier). Company's liabilities grew by 21.5% up to 23.509 million manats, while its balance sheet capital fell by 0.3% to 27.664 million manats.