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Azerbaijan’s CINCO Group Insurance and reinsurance company completes 2021 with profit

Finance Materials 22 April 2022 09:56 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 22. Net profit of CINCO Group Azerbaijan Insurance and reinsurance broker amounted to 1,120 manat ($658.8) in 2021, Trend reports with reference to company's accounting report, published in Xalq qazeti newspaper.

According to data confirmed by the audit report, the company's income amounted to 2,935 manat ($1726) in 2021.

CINCO Group Azerbaijan’s expenses amounted to 1,814 manat ($1,067) last year.

Company's assets amounted to 12,335 manat ($7,255), liabilities - 33,350 manat ($19,617) in 2021.

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