Baominh Insurance Corporation announced audited earnings results for the full year of 2016. For the year, the company reported net revenue from insurance fee of VND 2,579,574,624,855, revenue from insurance business of VND 2,729,332,950,636, revenue from real estate business of VND 10,339,306,047, net profit from operating activities of VND 222,559,849,291, profit before tax of VND 222,747,019,135 and income profit after tax of VND 182,413,589,694.

The company provided earnings guidance for the full year of 2017. For the year, the company expects total revenue of VND 3,918 billion, profit before tax of VND 198 billion and profit after tax of VND 162.8 billion.

The company declared dividend payment (10%) of VND 91,354,037,800 for the year 2016.

The company announced at its AGM held on April 27, 2017, the shareholders approved the resignation of Mr. Oscar Chow vee Tsung and Mr. John Trotter as member of BODs for the period 2014-2019; approved the appointment of Mr. Malik Abbassi Antonie as member of BODs for the period 2014-2019; approve the resignation of Mr. Kwok Wing Tam and Mr. Tran Duc Hung as member of Supervisory Board for the period 2014-2019; and approved the appointment of Mr. Yau Chun Hung as member of Supervisory Board for the period 2014-2019.