Silk Way Insurance ends 2016 on profit

Silk Way Insurance ends 2016 on profit
# 23 February 2017 11:22 (UTC +04:00)

In 2016 Silk Way Insurance’s assets rose AZN 23.44% to AZN 38,524,876.

Company says the long-term assets made up AZN 253,722, short-term assets AZN 38,271,154.

Authorized capital remained unchanged at AZN 14,770,000.

Liabilities soared 63.7% to AZN 13,759,022. Long-term liabilities amounted to AZN 13,759,022, short-term liabilities to AZN 0.

Net profit stood at AZN 3,440,417.75.

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