Fundamental analysis by بورس24 | Bourse24 about Stock نوین on 6/11/2024

💥 The total balance of #Novin insurance increased 5 times 🔋 In the 2-month scale ending May 1403, a total of 721 billion Tomans of insurance premium income was identified, a figure that shows a heavy growth of 79% compared to the same period. Despite this income growth, the risk around insurance premiums has been well managed and the amount of damages paid to customers has reached 514 billion Tomans with a growth of 43%. As a result, in the last one year, the amount of resources entering the company is more than the outflow of resources, and this means the growth of the amount of liquidity available to the management team, which is directly related to the operational and investment potential of the company. 💰 The operating balance of the 2-month period was calculated to be 206 billion tomans positive, this number was equal to 42 billion tomans for the same period; Therefore, the consolidated operating balance of the company has increased by 4.9 times, which shows the growth of the operating profit of the group. @bourse24ir