{"id":14293,"date":"2022-06-28T11:38:12","date_gmt":"2022-06-28T04:38:12","guid":{"rendered":"https:\/\/gtjai.com.vn\/?post_type=research&#038;p=14293"},"modified":"2022-06-28T11:38:12","modified_gmt":"2022-06-28T04:38:12","slug":"gtjasvn_abi-equityreport_am-update_june2022","status":"publish","type":"research","link":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/","title":{"rendered":"GTJASVN_ABI EquityReport_AM update_June2022"},"content":{"rendered":"<p style=\"text-align: center\"><span style=\"font-size: 16px\"><strong><span style=\"font-family: arial, helvetica, sans-serif\">Agribank insurance (ABI VN)_2022 AM updated <\/span><\/strong><\/span><br \/>\n<span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">Business Plan 2022: Revenue reaches at least VND 2,124 billion, + 8.4% YoY. The underlying premium will reach VND 2,114 billion, + 8% YoY. Minimum PBT reaches VND 316 billion.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">The company targets to reach VND 3,300 billion in revenue by 2025, with charter capital reaching VND 700 billion.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">Dividend 2022: 20% in shares<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">After the decrease in revenue due to the Covid-19 pandemic in 2021, insurance revenue has now recovered, monthly sales was back to normal at VND200 billion \/ month and expected to grow strongly in 2022, making up for sales reduction in 2021.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">There is low compensation cost in 2021 low due to social distancing, leading to increased profits.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">From now until 2025, the board of directors will list shares on the exchange.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">Currently, the new Law on Insurance Business does not have a significant impact on the business activities of the company.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">There is still huge potential in the credit insurance product line. The management will try to expand the sales channel to credit funds as well as branches of other banks.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">6 months business result is still following the plan.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">The equitization of Agribank is still being implemented, especially removing obstacles in land use plans.<\/span><\/li>\n<li style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">Currently Credit Insurance products are proving great benefits for farmers, ensuring social security, and customers buying on a voluntary basis, the level of product satisfaction is very high.<\/span><\/li>\n<\/ul>\n","protected":false},"author":12,"featured_media":0,"template":"","cate_research":[80],"specialized":[],"class_list":["post-14293","research","type-research","status-publish","hentry","cate_research-bao-cao-doanh-nghiep-en"],"yoast_head":"<title>GTJASVN_ABI EquityReport_AM update_June2022 - GTJA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GTJASVN_ABI EquityReport_AM update_June2022 - GTJA\" \/>\n<meta property=\"og:description\" content=\"Agribank insurance (ABI VN)_2022 AM updated \u00a0 Business Plan 2022: Revenue reaches at least VND 2,124 billion, + 8.4% YoY. The underlying premium will reach VND 2,114 billion, + 8% YoY. Minimum PBT reaches VND 316 billion. 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The underlying premium will reach VND 2,114 billion, + 8% YoY. Minimum PBT reaches VND 316 billion. The company targets to reach VND 3,300 billion in revenue by 2025, with charter capital reaching VND 700 [&hellip;]","og_url":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/","og_site_name":"GTJA","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/gtjai.com.vn\/#website","url":"https:\/\/gtjai.com.vn\/","name":"GTJA","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gtjai.com.vn\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/#webpage","url":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/","name":"GTJASVN_ABI EquityReport_AM update_June2022 - GTJA","isPartOf":{"@id":"https:\/\/gtjai.com.vn\/#website"},"datePublished":"2022-06-28T04:38:12+00:00","dateModified":"2022-06-28T04:38:12+00:00","breadcrumb":{"@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_abi-equityreport_am-update_june2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gtjai.com.vn\/en\/"},{"@type":"ListItem","position":2,"name":"GTJASVN_ABI EquityReport_AM update_June2022"}]}]}},"_links":{"self":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/research\/14293\/"}],"collection":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/research\/"}],"about":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/types\/research\/"}],"author":[{"embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/users\/12\/"}],"wp:attachment":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/media\/?parent=14293"}],"wp:term":[{"taxonomy":"cate_research","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/cate_research\/?post=14293"},{"taxonomy":"specialized","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/specialized\/?post=14293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}