(VEN) – Bao Viet Holdings recently announced the business results of the group and its member companies in the first half of 2013.
Accordingly, the pretax profit reached VND575 billion, revenue nearly VND8 trillion, up 3.6 percent compared with the same period last year.
Bao Viet Holdings Operation Director Hoang Viet Ha said, “In the first half of 2013, despite economic difficulties, Bao Viet achieved a satisfactory growth rate based on its firm foundation for development. Total revenue from insurance increased by 10.3 percent or VND507 billion compared with the first six months of 2012, reaching over VND5.48 trillion. Notably, revenue from life insurance reached VND708 billion, a rise of 32 percent compared with the first half of 2012. The group’s equity reached VND12.52 trillion on June 30, 2013, an increase of VND409 billion or 3.4 percent compared with December 31, 2012; total assets reached VND48.8 trillion, up nearly VND2.58 trillion or 5.6 percent.
Regarding the business results of the parent company – Bao Viet Holdings, its revenue reached VND785 billion, up VND100 billion or 14.6 percent, equal to 55.6 percent of the 2013 plan; after-tax profit reached VND598 billion, equal to 101.6 percent of that in the same period last year and 54.3 percent of the 2013 plan./.
My Phuong
Đăng ký: VietNam News
