Petrolimex Insurance Corporation (HOSE:PGI)

Petrolimex Insurance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	3,101,282	2,922,177	2,757,256	2,675,108	2,650,843	2,521,503
Total Interest & Dividend Income	63,413	80,524	121,644	35,173	47,919	48,352
Gain (Loss) on Sale of Investments	41,852	41,852	5,464	19,888	46,569	29,003
Other Revenue	466,013	496,180	468,902	395,755	380,807	399,421
Total Revenue	3,672,560	3,540,733	3,353,266	3,125,924	3,126,138	2,998,278
Revenue Growth (YoY)	3.24%	5.59%	7.27%	-0.01%	4.26%	12.06%
Policy Benefits	1,477,580	1,412,465	1,344,666	1,249,311	1,074,391	1,128,320
Policy Acquisition & Underwriting Costs	261,588	238,475	222,465	221,702	255,896	237,918
Depreciation & Amortization	57,913	57,913	50,902	42,157	38,442	49,380
Selling, General & Administrative	236,158	211,619	205,059	195,910	156,349	129,689
Other Operating Expenses	972,901	940,314	912,043	919,448	929,825	999,349
Total Operating Expenses	3,403,852	3,258,499	3,062,394	2,889,667	2,678,137	2,766,276
Operating Income	268,709	282,235	290,872	236,257	448,000	232,002
Interest Expense	-10,113	-15,189	-7,167	-	-24,319	-19,528
Currency Exchange Gain (Loss)	2,654	2,654	-88.79	5,486	-	-
Other Non Operating Income (Expenses)	31,205	20,115	-4,320	10,728	2,671	4,481
EBT Excluding Unusual Items	292,454	289,814	279,296	252,470	426,352	216,955
Gain (Loss) on Sale of Assets	1,377	1,377	4,380	213.31	-	-
Pretax Income	293,832	291,191	283,677	252,684	426,352	216,955
Income Tax Expense	59,695	58,951	54,590	48,958	82,572	41,494
Net Income	234,136	232,241	229,086	203,726	343,780	175,461
Preferred Dividends & Other Adjustments	-	-	56,405	44,940	79,392	36,087
Net Income to Common	234,136	232,241	172,681	158,787	264,389	139,375
Net Income Growth	1.08%	1.38%	12.45%	-40.74%	95.93%	7.90%
Shares Outstanding (Basic)	111	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111	111
EPS (Basic)	2111.30	2094.20	1557.13	1431.84	2384.10	1256.79
EPS (Diluted)	2111.10	2094.00	1557.00	1431.84	2384.10	1256.79
EPS Growth	33.61%	34.49%	8.74%	-39.94%	89.70%	4.61%
Free Cash Flow	43,329	163,663	28,746	233,902	-20,476	72,608
Free Cash Flow Per Share	390.71	1475.81	259.21	2109.19	-184.64	654.73
Dividend Per Share	200.000	1200.000	1200.000	-	640.000	960.000
Dividend Growth	-90.91%	-	-	-	-33.33%	-7.69%
Operating Margin	7.32%	7.97%	8.67%	7.56%	14.33%	7.74%
Profit Margin	6.38%	6.56%	5.15%	5.08%	8.46%	4.65%
Free Cash Flow Margin	1.18%	4.62%	0.86%	7.48%	-0.66%	2.42%
EBITDA	308,718	319,921	343,274	278,415	486,442	281,382
EBITDA Margin	8.41%	9.04%	10.24%	8.91%	15.56%	9.38%
D&A For EBITDA	40,009	37,686	52,401	42,157	38,442	49,380
EBIT	268,709	282,235	290,872	236,257	448,000	232,002
EBIT Margin	7.32%	7.97%	8.67%	7.56%	14.33%	7.74%
Effective Tax Rate	20.32%	20.24%	19.24%	19.38%	19.37%	19.13%
Revenue as Reported	3,418,358	3,418,358	3,226,158	3,070,863	3,031,650	-

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