Vietnam Daily News

PVI sets target to gain profit of 700b dong in 2012

Written by Dailynews.vn Wednesday, 14 December 2011 18:46

Bui Van Thuan, general director of PVI Holdings (coded PVI) announced that in 2012, the company expects to gain positive business results with growth in both revenue and profit, in comparison with that of 2011. PVI aims to obtain whole year revenue and profit of 6.5 trillion dong and 700 billion dong respectively in 2012, and pay dividend at 15 percent. In 2011, PVI estimates to reach whole year revenue of 5.2 trillion dong, fulfilling 106 percent of targeted year plan and up 15 percent against the previous year. The whole year profit is posted at 450 billion dong or 107 percent of the profit plan. Next year, PVI would focus on developing its core business lines and bringing insurance activities in other countries. The company would make cautious investment to limit risk and manage the capital flows.

Source: www.intellasia.net/news/articles/finance/111350792.shtml