Monday, November 20, 2023
Performance of Bangkok Insurance period 9 Month of the year 2023 There is total insurance premium received. 21,981.5 Million baht, percentage growth 12.7 Have a net profit 2,546.1 million baht, an increase of % 217.3 The board approves dividend payments to shareholders at the rate per share. 3.75 baht
Dr. Abhisit Anantanaratana, Chairman of the Executive Board and President of Bangkok Insurance Public Company Limited or BKI said Operating results for the 3rd quarter of 2023 (July-September) had a total written premium of 8,112.9 million baht, compared to the same period of 2022, an increase of 13.5 percent. There was a net profit from underwriting after After deducting operating expenses, it was 554.2 million baht, an increase of 76.8 percent when compared to the same period last year. which had a net profit from underwriting of 313.4 million baht
The company had a net investment profit of 448.5 million baht, compared to the same period last year which was 705.6 million baht, a decrease of 36.43 percent, and a profit before income tax expenses of 1,002.7 million baht, a decrease of 1.6 percent. After paying income tax, the company had a net profit of 856.1 million baht, basic earnings per share of 8.04 baht, when compared to the same period of the previous year. which had a net profit of 981.7 million baht, resulting in a decrease in net profit of 12.8 percent
For operating results for the 9-month period of 2023 (Jan.-Sept.), the company had total insurance premiums of 21,981.5 million baht, compared to the same period of 2022, an increase of 12.7 percent. There was a net profit from Received insurance after deducting operating expenses of 1,619.0 million baht, an increase of 123.1 percent. There was a net investment profit of 1,140.1 million baht, a decrease of 76.16 percent, and a profit before income tax expenses of 2,759.1 million baht, an increase of 224.4 percent. After deducting income tax expenses, the company had a net profit of 2,546.1 million baht, basic earnings per share of 23.91 baht, when compared to the same period of the previous year. which had a net loss of 2,170.2 million baht, resulting in an increase in net profit of 217.3 percent. The Board of Directors’ meeting The meeting held on November 10, 2023 resolved to pay interim dividends. For the operating results of the 3rd quarter of 2023, to shareholders at the rate of 3.75 baht per share on December 8, 2023.
The company has implemented business strategies based on good corporate governance. Transparent and fair Adapt to every situation and continuously manage risks. Ready to strive to develop a variety of insurance products Suitable for the risks and lifestyles of modern consumers. Raise the quality of service and increase access in all channels. Create innovation and modern technology Including driving the business towards sustainability in every dimension. To increase competitiveness and create business growth opportunities With strength in capital, capital and stable assets By striving to create maximum benefits for customers, partners, shareholders, and all groups of stakeholders of the company in accordance with the business philosophy based on good governance principles that have been adhered to for more than 76 years.