BIC: Explanation for business result in Quarter 1.2012
BIDV Insurance Corporation explained the fluctuation in profit in Quarter 1/2012 compared to Quarter 1.2011 as follows:
- Profit after tax in Quarter 1.2012 was VND 22,917 million, increasing VND 2,972 million (14.9%) compared to the same period of last year. - Insurance exploitation was focused since the beginning year, expense decrease. However, provision recovery of some securities in Quarter 1.2012.
- Profit after tax in Quarter 1.2012 was VND 22,917 million, increasing VND 2,972 million (14.9%) compared to the same period of last year.
- Insurance exploitation was focused since the beginning year, expense decrease. However, provision recovery of some securities in Quarter 1.2012.
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