Net profit of A-Qroup Insurance sharply decreased

12:43 - 10.03.2022


March 10, Fineko/abc.az. A-Group Insurance completed 2021 with net profit of AZN 1.13 million, ABC.AZ reports with reference to insurer’s financial statements.

According to the report, the profit of the insurance company for 2020 amounted to AZN 2.813 million (2.8-fold less versus 2021).

Last year, A-Qroup Insurance's revenues totaled AZN 20.528 million (19.1% more than a year earlier), expenses AZN 19.26 million (240.4% more), and income tax payments AZN 252,269 (2.8-fold less).