Baku. Yegane Lachinzade - APA-Economics. In the second quarter of 2016, Xalg Insurance’s total assets stood at AZN 51,005,053, up 31.5% from previous year.
Company says the long-term assets made AZN 1,326,247, short-term assets AZN 49,678,806.
Authorized capital increased 29.7% to AZN 39,388,700. Total capital grew AZN 24.3% to AZN 40,271,876.03.
Liabilities soared 67.5% to AZN 10,733,177. Long-term liabilities amounted to AZN 10,722,710, short-term liabilities to AZN 10,467.
Incomes stood at AZN 6,061,676.72, expenditures at AZN 5,214,938.73, net profit at AZN 846,737,990.