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Slovenia’s Zavarovalnica Maribor posts 9-mo net profit of 9.5 mln euro

Nov 20, 2012, 7:02:01 PMArticle by Kire Nedelkovski
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LJUBLJANA (Slovenia), November 20 (SeeNews) – Slovenia’s NKBM [LJE:KBMR] said on Tuesday the net profit of associate insurance company Zavarovalnica Maribor totaled 9.5 million euro ($12.1 million) in the first nine months of 2012.

Slovenia’s Zavarovalnica Maribor posts 9-mo net profit of 9.5 mln euro

The insurer’s total assets amounted to 833.7 million euro at end-September, NKBM’s unaudited January-February report indicated.

At the end of the review period, Zavarovalnica Maribor’s after-tax return on average equity was 13.6% while its after-tax return on average assets was at 1.57%.

The 51% stake in Zavarovalnica Maribor that NKBM owns has been put up for sale.

($=0.7805 euro)

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