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VietNamNews

Bao Viet exceeds dividend target with 15 per cent

Update: April, 06/2013 - 09:19

HA NOI (VNS)— Insurer Bao Viet Holdings (BVH) said dividends from last year were paid at 15 per cent, exceeding their target by 3 per cent, with this ratio remaining for this year.

Last year the group's profits amounted to VND1.86 trillion (US$88.5 million), increasing 22 per cent compared to 2011. It expects this year's revenue to reach VND17.8 trillion ($847.6 million)– rising 11.4 per cent over last year – and VND1.76 trillion ($83.8 million) in gross profit.

BVH shares added 3.8 per cent yesterday.-VNS


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