Source: VietstockFinance
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According to the Q3 2025 financial report, insurance business operations generated VND 170 billion in gross profit, a 2.1-fold increase year-over-year. This was driven by insurance premium revenue reaching nearly VND 1,249 billion (up 19%), while compensation expenses decreased by 20% to VND 204 billion.
Financial activities also showed improvement, with gross profit rising by 42% to VND 108 billion. Coupled with a 3% reduction in business management costs to VND 124 billion, MIG recorded a net profit of VND 123 billion, five times higher than the same period last year.
For the first nine months of the year, net profit reached VND 308 billion, a 94% increase year-over-year. The insurance segment remained the primary driver, with profits up 52% to VND 529 billion. Meanwhile, the financial segment grew by 10%, achieving VND 258 billion in gross profit, primarily from deposit interest and investment commissions.
Compared to the 2025 profit target of nearly VND 540 billion (a 75% increase from the previous year), MIG has achieved 71% of its plan after nine months.
As of the end of Q3 2025, MIG’s total assets exceeded VND 10,600 billion, an 8% increase from the beginning of the year. Short-term financial investments rose by 15% to VND 4,738 billion, accounting for 44% of total assets. This includes VND 3,538 billion in deposits (up 15%) and VND 1,200 billion in investment commissions (up 16%).
Liabilities reached over VND 8,050 billion, a 4% increase, with short-term insurance reserves accounting for 59%, equivalent to nearly VND 4,780 billion, a slight 2% decrease from the beginning of the year.
– 15:03 23/10/2025
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