PVI Re exceeded 69% profit plan after first 6 months of 2022

04:19' CH - Wednesday, 03/08/2022

On the afternoon of July 26, 2022, PVI Reinsurance Joint-Stock Corporation (PVI Re) held a Conference to review business activities in the first 6 months of the year and implement the business plan for the last 6 months of 2022 with positive results.

Total revenue was VND 1,511 billion, completed 141% of the accumulated plan as well as equivalent to more than 70% of the whole year plan. First 6 months’ profit reached VND 104.5 billion, completed 169% of the accumulated plan and 61% of the plan for 2022. PVI Re was also recognized and evaluated by IR Awards as one of the businesses that fully and promptly met the information disclosure obligation on the stock market in 2022.

During the first 6 months, PVI Re implemented some important management tasks. PVI Re has successfully held the Annual General Meeting of Shareholders in 2022, in which approved many strategic contents including: strengthening the BOD personnel, approving the plan to increase the charter capital and adding Insurance auxiliary services to the content of company’s activities.

With the growth momentum in the first half year, PVI Re continues to set a target of double-digit revenue growth rate in the last half year while ensuring efficiency, sustainability, and strive to achive the profit of VND 200 billion, 18% higher than the plan for 2022.

PVI Re is actively implementing the plan to increase charter capital to VND 1,044 billion and expected to be completed this year.

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