Home Companies

Bao Viet’s (BVH) 2020 after-tax profit up 28.5 per cent

Feb 10th at 17:30
10-02-2021 17:30:22+07:00

Bao Viet’s (BVH) 2020 after-tax profit up 28.5 per cent

Bao Viet Holdings and its affiliates reported positive growth last year with total turnover of VND48.949 trillion (US$2.12 billion), up 9.1 per cent year-on-year and surpassing the annual target by 8.9 per cent.

 

After-tax profit hit VND1.597 trillion, up 28.5 per cent and equivalent to 135.3 per cent of the annual target.

Bao Viet's member companies also saw encouraging results. Bao Viet Life Insurance posted revenue of over VND36.1 trillion last year, up 12.4 per cent, Bao Viet Fund VND114 billion, and Bao Viet Securities JSC VND594 billion, surpassing the annual target by 23 per cent.

Bao Viet now owns the largest assets in the insurance market, worth over VND147 trillion ($6.39 billion).

bizhub

MOST READ

NEWS SAME CATEGORY

Bao Viet’s (BVH) 2020 after-tax profit up 28.5 per cent
COMPANIES Feb 9th at 13:54

Bao Viet’s (BVH) 2020 after-tax profit up 28.5 per cent

Bao Viet Holdings and its affiliates reported positive growth last year with total turnover of VND48.949 trillion (US$2.12 billion), up 9.1 per cent year-on-year...

Phat Dat Real Estate (PDR) might be added to the FTSE ETF portfolio with restructuring
COMPANIES Feb 9th at 08:53

Phat Dat Real Estate (PDR) might be added to the FTSE ETF portfolio with restructuring

The shares of Phat Dat Real Estate Development JSC (HSX: PDR) may be added to two FTSE exchange traded funds (ETFs) portfolios in the first quarter of 2021.

KBC expects revenue to reach VND3 trillion in Q1 on industrial zones
COMPANIES Feb 8th at 08:37

KBC expects revenue to reach VND3 trillion in Q1 on industrial zones

Kinh Bac City Development Share Holding Corporation (KBC) expects to benefit from leasing industrial zones.

Masan (MSN) wants to be among world’s 50 most admired brands
COMPANIES Feb 6th at 18:00

Masan (MSN) wants to be among world’s 50 most admired brands

A year after acquiring VinCommerce, Masan is restructuring the supermarket chain to realise its vision of becoming a retail-consumer unicorn.

Becamex IDC (BCM) plans to 50 per cent less profit this year
COMPANIES Feb 5th at 10:51

Becamex IDC (BCM) plans to 50 per cent less profit this year

Becamex IDC targets to reduce revenue by 15 per cent and profit by 48 per cent for 2021 due to the impact of COVID-19.

Food company Vissan (VSN) profit tops $9.01 million
COMPANIES Feb 5th at 08:16

Food company Vissan (VSN) profit tops $9.01 million

Vissan Joint Stock Company reported pre-tax profits of nearly VND208 billion (US$9.01 million) on revenues of VND5.16 trillion ($223.4 million) for last year, in...

Hung Thinh Incons (HTN) posted positive business results in 2020
COMPANIES Feb 4th at 13:57

Hung Thinh Incons (HTN) posted positive business results in 2020

Hung Thinh Incons JSC (HSX: HTN) has released its financial statement for the fourth quarter of 2020. Despite the impact of the COVID-19 pandemic, the corporation...

Hoang Anh Gia Lai JSC (HAG) posts biggest loss in 2020
COMPANIES Feb 4th at 13:55

Hoang Anh Gia Lai JSC (HAG) posts biggest loss in 2020

The fourth quarter result of Hoang Anh Gia Lai (HAG) showed that the company lost nearly VND2.2 trillion last year as it struggled to manage businesses due to...

PV Power (POW) to divest subsidiaries and streamline operations
COMPANIES Feb 4th at 08:01

PV Power (POW) to divest subsidiaries and streamline operations

PetroVietnam Power (PV Power) has confirmed plans to divest from some of its subsidiaries.

Vinamilk (VNM) records great performance last year despite COVID-19
COMPANIES Feb 4th at 07:58

Vinamilk (VNM) records great performance last year despite COVID-19

Viet Nam Dairy Products JSC – Vinamilk (VNM), the largest dairy company in Viet Nam, posted a gain in revenue and profit in the fourth quarter of last year and the...

Read More

MOST READ

Back To Top