Anadolu Anonim Türk Sigorta Sirketi Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 01:34 pm
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Anadolu Anonim Türk Sigorta Sirketi reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was TRY 215.86 million compared to TRY 170.31 million a year ago. Basic earnings per share from continuing operations was TRY 0.43 compared to TRY 0.34 a year ago.
For the six months, net income was TRY 362.49 million compared to TRY 290.3 million a year ago. Basic earnings per share from continuing operations was TRY 0.72 compared to TRY 0.58 a year ago.
Anadolu Anonim Turk Sigorta Sti is a Turkey-based insurance provider. The Company offers health, liability, marine, engineering, motor and fire and home insurance packages, among others. Its products include combined motor vehicles insurance policies, consisting of vehicle storage and safekeeping, towing, healthcare assistance, coverage for driver, passengers and those outside the vehicle and legal defense expenses, as well as minor repair services. Residential and Workplace fire insurance offers services, such as legal consultancy and medical assistance in case of damages to residences and their contents caused by theft, explosion, fire, internal water, vehicle impact, aircraft impact and natural disasters such as lightning, flood, storm, landslide and earthquake. As of December 31, 2011, the Company operated through a network of a total of 2,756 agencies, out of which 2,688 were authorized.