Throughout the first six months of 2024, Bao Minh continued to affirm its position as a leading non-life insurance company, with revenue reaching VND 3,666 billion by the end of June 2024, a growth of 16.08% compared to the same period last year and exceeding the plan approved by the General Shareholders' Meeting by 53.92%.
According to data from the Insurance Association, after the first five months of 2024, Bao Minh also maintained its third position in terms of revenue market share, with a market share of 8.4% (an increase of more than 0.6% compared to the market share in 2023).
Regarding profitability, Bao Minh estimates it will achieve VND 188.5 billion in pre-tax profit in the first six months of 2024, equivalent to 102% compared to the same period in 2023 and exceeding the 2024 profit target approved by the General Shareholders' Meeting by 50%.
Speaking at the conference, Mr. Vu Anh Tuan - Secretary of the Party Committee, member of the Board of Directors, and General Director of Bao Minh - affirmed that the results achieved by Bao Minh in the first six months of 2024 were primarily due to the correct development direction and strategy set by the General Shareholders' Meeting and the Board of Directors of Bao Minh.
In addition, Bao Minh acknowledges the tireless efforts of the entire leadership team and staff who have contributed to the overall success of the Corporation.
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Mr. Vu Anh Tuan - Secretary of the Party Committee, member of the Board of Directors, and General Director - delivered a speech at the Conference. |
According to Mr. Vu Anh Tuan, the last six months of 2024 will be a difficult and challenging period for the insurance market. Nevertheless, Bao Minh will continue to demonstrate a proactive and innovative spirit, overcome difficulties, seize opportunities, and work together with high determination to successfully complete the business plan approved by the General Shareholders' Meeting.
Also at the conference, Mr. Dinh Viet Tung - Deputy General Director of SCIC and Chairman of the Board of Directors of Bao Minh - shared words of encouragement with the staff of Bao Minh.
According to Mr. Dinh Viet Tung, Bao Minh's business and development plan is progressing well; however, the Board of Directors and all Bao Minh employees must constantly strive to maintain their current position and aim for higher goals in the future.
Source: https://nhandan.vn/bmi-dat-doanh-thu-hon-3600-ty-dong-trong-6-thang-dau-nam-post817528.html
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