Eurasia IC Increased Net Profit for 3,4 Times in 1H
OREANDA-NEWS. July 23, 2013. Eurasia Insurance Company in the first half of 2013 (January-June period) owned net profit equal to USD22.2m, which is almost 3.4 times higher than in the same period of 2012, according to the financial statements in accordance with IFRS of the company.
Assets of Eurasia increased by 7% from the beginning of the year and amounted to KZT82bn by the end of June. Liabilities of the company in January-June period increased by 25.6% - up to KZT29bn
Shareholders' equity of the insurer for the period decreased by 1.2% - up to KZT52bn, share capital increased by 5.5% and reached KZT48bn.
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