PTI targets to achieve 2010 profit of 107.6b dong

Management board of Post and Telecommunications Insurance Joint Stock Co (PTI) has lately passed the 2010 business plan with targeted revenue of 830 billion dong, up 144 percent year-on-year. In details, the company plans to gain revenue from insurance premium of 640 billion dong, financial revenue of 190 billion dong, after tax profit of 107.6 billion dong and dividend of 15 percent.

The insurance provider will set up standby funds valued at 131.4 billion dong, in which standby fund for costs of 66 billion dong, for compensation costs of 60 billion dong and costs for large fluctuation of 15.4 billion dong.

Tags: Post and Telecommunications Insurance Joint Stock Co, Vietnam insurance, Vietnam insurance industry, Vietnam insurance market

Posted by VBN on May 14 2010. Filed under Insurance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry