Assets of the insurance company XA MBASK in 2016 increased by 8.4% or 2,960,936 manat in comparison with 2015, making 38,291,387 manat.
The capital of the company during this time increased by 3.6% or 687,045 manat and is 19,979,626 manat.
During the reporting period, the liabilities of AXA MBASK amounted to 18,311,760 manat (an increase of 2,273,890 manat or 14.2%).
In 2016, the insurance company's revenues amounted to 25,760,800 manat, and the expenses were 25,256,168 manat.
In 2016, AXA MBASK got 403,705 manat of net profit.
The company’s authorized capital is 19,733,738 manat. ---71D
Economics
-
Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
-
The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
-
French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
-
Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
Leave a review