BIDV insurance arm releases audited fiscal report

Wednesday, May 14, 2008
BIDV Insurance Co (BIC) recently released the audited fiscal year of 2007 with the total debts and equity of 720.020 billion dong.
Under it, the insurer last year reached 110.780 billion dong in total revenue, 70.153 billion dong in revenue from insurance business and brokerage, 40.483 billion dong in revenue from financial activities, 18.701 billion dong in pre-tax profit with CIT of 4.625 billion dong, and the after-tax profit of 14.076 billion dong.
It also spent total 92.079 billion dong, including 45.777 billion dong on cost for insurance business and brokerage, 7.011 billion dong on financial cost, 39.277 billion dong on corporate administration cost, and 14 million dong on other costs.