VNStockNews.com - Bao Viet Group (BVH) has recently announced the business results in 2010 and the targets in 2011 whereby the group's total revenue in 2010 was 4.93 trillion dong, growing 15.8 percent against 2009's, of which, its premium from insurance sector was 4.593 trillion dong, growing 15 percent year-on-year, and pre tax profit at 381 billion dong, rising 74 percent y-o-y
In 2011, Bao Viet insurer targets total revenue of 5.66 trillion dong, a year-on-year growth of 14.8 percent, including 4.872 trillion dong of premium from original insurance contracts, pre tax profit at 406 billion dong.
Also in 2011, the group will focus on three goals including effective business to bring the benefit for investors, providing multi-utility services, and increasing the value for customers.
Reportedly, on March 3, 53,762,355 additional shares of Bao Viet Group will be officially traded on the Hochiminh Stock Exchange (HOSE) valued at nearly 537.624 billion dong. These are additional shares being issued for the existing shareholders at the ratio of 1000:86 under the Document No 829/TB-SGDHCM dated September 17, 2010 by HOSE.
