Compagnie Algérienne des Assurances (CAAT): 2022 results

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Compagnie Algérienne des Assurances (CAAT)The Compagnie Algérienne des Assurances (CAAT) has ended the 2022 financial year with a turnover of 26.7 billion DZD (193.8 million USD), up by 5% over one year.

The net result, in original currency, declined by 34.5% to 1.9 billion DZD (13.8 million USD), compared to the 2.9 billion DZD (20.8 million USD) recorded in 2021.

As at 31 December 2022, the company's total assets and shareholders' equity stood at 91 billion DZD (660.4 million USD) and 29 billion DZD (210.5 million USD) respectively.

In 2023, the company increased its share capital by 25%, from 20 billion DZD (145.2 million USD) to 25 billion DZD (182.8 million USD). CAAT is the second most highly capitalized company on the market.

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Wed, 14/06/2023 - 16:27
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