Aksigorta A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 25, 2021 at 02:01 pm
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Aksigorta A.S. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net income was TRY 61.8 million compared to TRY 85.96 million a year ago.
For the nine months, net income was TRY 230.93 million compared to TRY 344.5 million a year ago. Basic earnings per share from continuing operations was TRY 0.38 compared to TRY 0.56 a year ago.
Aksigorta A.S. is a Turkey-based general insurance company. The Company's products include fire and property insurance, which offers home and commercial risks insurance packages; accident insurance products, such as insurance packages for motors, commercial vehicles, theft, personal accident, glass breakdown and third party liability; marine cargo insurance for local and international cargo, securities and hull; engineering insurance, covering electronic equipment and machinery breakdown; agriculture insurance for hail risks and greenhouse damage; health insurance, and life insurance products. It also offers its services online through its Aksigorta Service Centre. The Company is a subsidiary of Haci Omer Sabanci Holding A.S.