Bao Viet Group (BVH) achieved VND1,620 billion profit after tax in the first 9 months of 2024
Friday, December 6,2024AsemconnectVietnam - According to the business results of the first 9 months of 2024 (reviewed) just announced, many business indicators of Bao Viet Group (stock code BVH) have grown positively.
Specifically, BVH's total consolidated revenue after the first 9 months of 2024 reached VND42,121 billion, equivalent to nearly USD1.7 billion. Consolidated pre-tax and after-tax profits reached VND1,964 billion and VND1,618 billion, respectively, up 14.7% and 13.3% over the same period in 2023. Total consolidated assets as of September 30, 2024 reached VND238,219 billion, up 7.7% compared to December 31, 2023.
The total revenue of the Parent Company reached VND1,224 billion, profit after tax reached VND866 billion, up 5.1% and 4.8% respectively compared to the same period in 2023, closely following the progress of the 2024 plan approved by the General Meeting of Shareholders. As of September 30, 2024, the total assets of the Parent Company reached VND18,675 billion, equity reached VND18,502 billion, up 4.5% and 4.7% respectively compared to December 31, 2023.
Bao Viet Group has just closed the shareholder list on November 20 to pay 2023 cash dividends at a rate of 10.037%, equivalent to shareholders owning 1 share will receive VND1,003.7.
Thus, with more than 742.3 million listed and outstanding shares, Bao Viet will have to spend approximately VND745 billion to pay dividends to existing shareholders. The expected dividend payment date is December 20.
Bao Viet said that with strong financial potential, leading capital and asset scale among insurance companies, Bao Viet has fulfilled its commitments to shareholders, increasing value for investors. Bao Viet also allocates funds for social security activities such as: investing in education; upgrading medical infrastructure; building charity houses; overcoming the consequences of natural disasters...
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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