Banking and insuranceEconomical

29% growth in net profit per share of entrepreneur insurance


According to the Monetary Financial News Reporter, the financial statements of Karafarin Insurance Company show that the gross income of this company in the 12 months of 1400 was equal to 1,097 billion and 42 million Tomans.
Meanwhile, the gross premium income of this company in 1399 was equal to 814 billion and 534 million Tomans, which has grown by 35% last year.
Entrepreneur Insurance investment income, which is one of the first major companies in the field of life insurance sales, has reached 966 billion and 888 million tomans last year. This figure is 31% more than its revenues of 739 billion and 332 million Tomans from this place in the previous year.
Published financial statements show that the loss paid by the entrepreneur (gross) insurance was 811 billion and 185 million tomans, which shows an increase of seven percent compared to the previous year.
“Wafarin” operating profit in 1400 had a growth of 64% compared to the previous year and increased to 284 billion and 554 million tomans.
Accordingly, the net profit of this company has increased from 254 billion and 490 million Tomans at the end of 1399 to 330 billion and 67 million Tomans at the end of last year, which has recorded a growth of 30%.

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