Victoria Mutual Investment Limited (VMIL) Reports Uptick in Net Profit.
- For the year ended December 31, 2018, VMIL reported a 15.22% year-over-year increase in its consolidated audited net profit to $539Mn (EPS: $0.27).
- The improvement in net profit was partly attributable to a 14.4% increase in interest revenues as well as a 35.21% increase in other operating revenue to $1.3Bn for the year.
- The stock has risen 3.46% since the start of the calendar year. The stock closed at $3.89 yesterday and currently trades at a P/E of 14.41x earnings which is below the Main Market Financial Sector Average of 16.58x.
(Source: VMIL Financials)