Bảo Việt Group Reports Over 2 Trillion VND in Profits After 9 Months

Bao Viet Group (HOSE: BVH) has achieved remarkable business results in the first nine months of 2025, marking three consecutive quarters of profit growth compared to the same period last year. In Q3 alone, the company recorded a net profit of VND 771 billion, a 44% increase, setting a new record for the highest quarterly profit in its history.

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In Q3 2025, BVH’s insurance business continued its upward trajectory, posting a gross profit of VND 245 billion, a significant turnaround from the VND 145 billion loss recorded in the same period last year. This improvement was primarily driven by reduced compensation expenses, stable insurance premium revenue, and a substantial increase in reinsurance commission income.

Financial activities also shone brightly, generating a gross profit of VND 2,916 billion, a 13% year-on-year increase, and significantly contributing to the group’s overall profitability.

BVH’s Q3 2025 net profit reaches an all-time high

For the first nine months of the year, BVH achieved a net profit of VND 2,119 billion, a 37% increase compared to the same period last year. Insurance business gross profit reached VND 1,415 billion, reversing from a VND 1,036 billion loss in the previous year, while financial activities saw a modest 3% growth, contributing VND 8,212 billion in gross profit.

BVH has set a 2025 post-tax profit target of VND 1,275 billion for the parent company, an 8% increase from 2024. After nine months, the group has already achieved over 70% of its annual plan.

As of Q3 2025, BVH’s total assets reached nearly VND 273 trillion, a 9% increase since the beginning of the year. Bank deposits accounted for nearly half of total assets, with a balance of VND 133 trillion, up 6%.

In its investment portfolio, BVH holds over VND 32 trillion in corporate bonds (up 18%) and more than VND 71 trillion in government bonds (up 3%).

Liabilities primarily consist of long-term insurance reserves, totaling over VND 197 trillion, a 6% increase year-to-date. Additionally, short-term borrowings reached over VND 4.3 trillion, up 48%, to support working capital, with interest rates ranging from 2.5% to 7.6% per annum.

Khang Di

– 3:00 PM, October 31, 2025

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