Aksigorta A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 03:06 pm EDT
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Aksigorta A.S. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was TRY 191.57 million compared to net income of TRY 94.54 million a year ago.
For the six months, net loss was TRY 445.9 million compared to net income of TRY 186.48 million a year ago. Basic loss per share from continuing operations was TRY 0.7286 compared to basic earnings per share from continuing operations of TRY 0.3047 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.