BAKU, Azerbaijan, March 30. Azerbaijan's Shirvan Insurance and Reinsurance Broker LLC completed 2022 with a net profit of 28,900 manat ($17,000), Trend reports via the accounting report published in "Azerbaijan" newspaper.
According to the report, the company's revenues equaled 66,150 manat ($38,912) while its expenditures totaled 30,020 manat ($17,659).
Furthermore, the company's profit before tax amounted to 36,120 manat ($21,247), and its income tax payments to 7,220 manat ($4,247).
Thus, the Shirvan Insurance and Reinsurance Broker LLC completed 2022 with a net profit of 28,900 manat ($17,000).
As of January 1, 2023, the company's total assets amounted to 60,860 manat ($35,801), while its total liabilities equaled 18,050 manat ($10,617), and total capital accounted for 42,810 manat ($25,182).