Xalq Sigorta Reports Decline in Total Assets and Equity

15:44 - 11.08.2026


August 11, Fineko/abc.az. According to its H1 2026 financial report, Xalq Sigorta OJSC experienced a contraction in total assets and equity alongside an increase in operational expenses.

As of July 1, the company's total assets fell by 2.3% year-on-year to AZN 92.198 million, while total equity dropped by 4.3% to AZN 60.379 million. Expenses grew by 12.2% to AZN 13.266 million, and total liabilities rose by 1.8% to AZN 31.82 million. The company also incurred AZN 425,000 in profit tax payments.

Supported by a 15% rise in total revenue (to AZN 18.027 million), net profit stood at AZN 4.336 million (compared to AZN 3.852 million in the same period last year).