Operating revenue stood at RON71 million, 60.2% higher, the first half report the company submitted to the Bucharest Stock Exchange shows.
Operating expenses amounted to RON62.1 million, 53.6% higher than in the first half of 2021, so the operating income reached RON8.94 million, an increase of 128.4%.
“The revenue dynamics on June 30, 2022, as compared with June 30, 2021, was generated by the increase in the volume of intermediated premiums by 73.4%, from RON241.4 million to RON418.5 million. At the same time, the cost structure optimization tools together with contextual developments in the insurance intermediation market prompted the increase of the net margin from 7.6% in the reference period, to 11% in the reporting period,” the company says in its report.
(English version by Loredana Fratila-Cristescu)