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BVH - Capital contribution to rise in both non-life, life segments - AGM Note

BVH held its AGM on June 27, 2018 and briefly reported its 2017 performance, proposed its 2018 plan, answered shareholder questions and announced the 2017 earnings distribution plan. 2018 guidance for consolidated revenue is VND36.8tn (USD1.6bn, +12.4% Y-o-Y) and for profit after-tax it is VND1.3tn (USD59.1mn, -15.9% Y-o-Y). BVH maintained its leading market share in both the life and general insurance segments at 26.4% and 19.5% in 2017.