BaoViet Holdings explains more information on the movements of over 10% year-on-year in the Quarter I/2020 financial statements as follows:
BaoViet Holdings continues to be a leading company in Vietnam's life and non-life insurance market after fifty years of establishment and development.
In Quarter IV/2019, due to the outbreak of Coronavirus (Covid – 19) pandemic However, the profit after tax in Quarter I/2020 was VND114.6 billion, by 28% compared to Quarter I/2019.