Petrolimex Insurance Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	3,231,465	3,151,320	2,922,177	2,757,256	2,675,108	2,650,843
Total Interest & Dividend Income	126,495	108,981	80,524	121,644	35,173	47,919
Gain (Loss) on Sale of Investments	8,245	8,245	41,852	5,464	19,888	46,569
Other Revenue	509,559	488,043	496,180	468,902	395,755	380,807
Total Revenue	3,875,763	3,756,588	3,540,733	3,353,266	3,125,924	3,126,138
Revenue Growth (YoY)	9.67%	6.10%	5.59%	7.27%	-0.01%	4.26%
Policy Benefits	1,662,253	1,572,393	1,412,465	1,344,666	1,249,311	1,074,391
Policy Acquisition & Underwriting Costs	279,756	273,331	238,475	222,465	221,702	255,896
Depreciation & Amortization	58,732	58,732	57,913	50,902	42,157	38,442
Selling, General & Administrative	216,657	216,795	211,619	205,059	195,910	156,349
Other Operating Expenses	947,524	942,463	940,314	912,043	919,448	929,825
Total Operating Expenses	3,571,058	3,469,852	3,258,499	3,062,394	2,889,667	2,678,137
Operating Income	304,705	286,737	282,235	290,872	236,257	448,000
Interest Expense	-25,435	-25,645	-15,189	-7,167	-	-24,319
Currency Exchange Gain (Loss)	6,970	6,970	2,654	-88.79	5,486	-
Other Non Operating Income (Expenses)	24,773	36,428	20,115	-4,320	10,728	2,671
EBT Excluding Unusual Items	311,012	304,489	289,814	279,296	252,470	426,352
Gain (Loss) on Sale of Assets	1,633	1,633	1,377	4,380	213.31	-
Pretax Income	312,645	306,122	291,191	283,677	252,684	426,352
Income Tax Expense	61,248	60,573	58,951	54,590	48,958	82,572
Net Income	251,397	245,549	232,241	229,086	203,726	343,780
Preferred Dividends & Other Adjustments	-	-	66,651	56,405	44,940	79,392
Net Income to Common	251,397	245,549	165,590	172,681	158,787	264,389
Net Income Growth	6.60%	5.73%	1.38%	12.45%	-40.74%	95.93%
Shares Outstanding (Basic)	111	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111	111
EPS (Basic)	2266.95	2214.21	1493.19	1557.13	1431.84	2384.10
EPS (Diluted)	2266.74	2214.00	1493.00	1557.00	1431.84	2384.10
EPS Growth	48.61%	48.29%	-4.11%	8.74%	-39.94%	89.70%
Free Cash Flow	126,973	-23,072	163,663	28,746	233,902	-20,476
Free Cash Flow Per Share	1144.97	-208.05	1475.81	259.21	2109.19	-184.64
Dividend Per Share	-	-	1200.000	1200.000	-	640.000
Dividend Growth	-	-	-	-	-	-33.33%
Operating Margin	7.86%	7.63%	7.97%	8.67%	7.56%	14.33%
Profit Margin	6.49%	6.54%	4.68%	5.15%	5.08%	8.46%
Free Cash Flow Margin	3.28%	-0.61%	4.62%	0.86%	7.48%	-0.66%
EBITDA	342,015	325,622	340,147	343,274	278,415	486,442
EBITDA Margin	8.82%	8.67%	9.61%	10.24%	8.91%	15.56%
D&A For EBITDA	37,310	38,885	57,913	52,401	42,157	38,442
EBIT	304,705	286,737	282,235	290,872	236,257	448,000
EBIT Margin	7.86%	7.63%	7.97%	8.67%	7.56%	14.33%
Effective Tax Rate	19.59%	19.79%	20.24%	19.24%	19.38%	19.37%
Revenue as Reported	3,639,363	3,639,363	3,418,358	3,226,158	3,070,863	3,031,650

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.