AsemconnectVietnam - The Board of Directors of Petrolimex Insurance Corporation (PJICO, code PGI) has just submitted to the General Meeting of Shareholders for approval of the 2025 business plan, with key targets of total revenue reaching VND5,174.8 billion, of which, original insurance revenue reaches VND4,400 billion (equivalent to the actual amount in 2024).

PJICO targets pre-tax profit in 2025 at VND306 billion, up 5% compared to 2024; Cash dividend payment ratio of 12%/charter capital, equal to the 2024 dividend rate.
In 2025, PJICO continues to implement the policy mechanism deployed in 2024 with adjustments to increase salary costs and reduce sales management costs by approximately 5%/actual revenue for automobile business; Build a health insurance program based on the goal of safety, efficiency and sustainability, so the Corporation will adjust and reduce sales costs, unit-level salaries for each insurance policy, each customer; thoroughly apply non-cash payments to prevent legal risks..., establish PJICO Digital Insurance Branch to carry out the business task of developing digital insurance channels.
In addition, PJICO continues to implement automatic fee collection programs, automatic only from VCB bank to apply to all exploitation channels, and at the same time implement appropriate loan programs to manage well, optimize cash flow, and contribute to improving the efficiency of deposit investment.
By the end of 2024, this insurance company achieved total revenue of VND5,279 billion - the first time total revenue exceeded VND5,000 billion, up 8.9%; of which, original insurance revenue reached VND4,396.5 billion, up 9.3%; pre-tax profit reached VND291.2 billion, up 2.6% compared to 2023. In 2024, PJICO is one of the top units in the market in terms of effective business operations.
N.Nga
Source: VITIC/Tinnhanhchungkhoan