Banking and insuranceEconomicalEconomicalBanking and insurance

Sarmad insurance made a profit from the loss


The unaudited financial statements of 1401 were published;

According to the financial news report, citing the public relations of Sarmad Insurance Company, until the end of last year (1401), this company produced net premiums of more than 2,121 billion tomans with an increase of 86%, and the gross premium income of Sarmad Insurance until the end of last year ( 1401) compared to the previous year, increased by 72% to more than 2,422 billion Tomans.

According to the report of the financial statements, the company’s net insurance premiums increased by 86% to more than 2,121 billion tomans during this period, and the total insurance income also increased by a significant jump of 93% to more than 2,308 billion tomans during the same period.
But the index of gross profit of insurance activities of Sarmad Insurance Company by the end of last year (1401) with an extraordinary jump of 412% from minus 66 billion and 500 million tomans in 1400 to positive 207 billion and 408 million tomans in 1401.

The “operating” profit index, which is often known as an index to measure the performance of managers of listed companies, reached a positive 77% with a considerable growth.

But the “net profit” index of Sarmad Insurance Company, which is a result of the company’s overall performance in 1401, with a jump of 108%, not only came out of the past loss of more than 366 billion tomans, but also increased to a figure of 30 billion and 860 million tomans.

Also, the accumulated loss of this company, which was the product of the past years, experienced a decrease of 17% in 1401.

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