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Military Insurance Corporation (HOSE:MIG)
Vietnam flag Vietnam · Delayed Price · Currency is VND
18,450
+100 (0.54%)
At close: Feb 21, 2025

Military Insurance Income Statement

Millions VND. Fiscal year is Jan - Dec.
Fiscal Year
 FY 2024 FY 2023
Period Ending
 Dec '24 Dec '23
Premiums & Annuity Revenue
2,326,6392,319,970
Total Interest & Dividend Income
304,820293,471
Other Revenue
1,314,1861,273,902
Total Revenue
3,945,6453,887,343
Revenue Growth (YoY)
1.50%-
Policy Benefits
738,230857,767
Policy Acquisition & Underwriting Costs
380,625421,762
Selling, General & Administrative
543,855508,964
Other Operating Expenses
1,976,5981,750,756
Total Operating Expenses
3,639,3083,539,249
Operating Income
306,337348,094
Other Non Operating Income (Expenses)
1,7994,029
Pretax Income
308,136352,122
Income Tax Expense
69,64071,568
Net Income
238,497280,555
Net Income to Common
238,497280,555
Net Income Growth
-14.99%-
Free Cash Flow
320,754243,498
Operating Margin
7.76%8.95%
Profit Margin
6.04%7.22%
Free Cash Flow Margin
8.13%6.26%
EBIT
306,337348,094
EBIT Margin
7.76%8.95%
Effective Tax Rate
22.60%20.32%
Revenue as Reported
3,640,8253,593,872
Source: S&P Capital IQ. Insurance template. Financial Sources.