Silk Way Insurance concludes nine months with profit

Silk Way Insurance concludes nine months with profit
# 20 October 2017 16:23 (UTC +04:00)

In January-September of 2017, Azerbaijan Industry Insurance OJSC’s assets rose 9.45% to AZN 43,726,000.

 

Company says the long-term assets made up AZN 323,520, short-term assets AZN 43,401,996.

 

Liabilities increased 9.04% to AZN 16,964,063. Long-term liabilities amounted to AZN 16,876,363, short-term liabilities to AZN 87,699.

 

Authorized capital remained unchanged at AZN 14,770,000. Total capital grew AZN 9.7% to AZN 26,761,454.

 

Revenues stood at AZN 19,368,570.40 and expenditures at AZN 16,998,640.

 

The company concluded nine months of 2017 with AZN 2,369,930.25 in profit. 

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