VietinBank Securities reports $8.32-million revenue in 2014

Thursday, Jan 22, 2015 17:56

VietinBank Securities Joint Stock Company releases its 2014 business report on January 21— Photo vietinbanksc.com.vn
HA NOI (Biz Hub) — VietinBank Securities Joint Stock Company (code CTS) reported VND59.57 billion (US$2.79 million) in revenue, and VND2 billion ($93,896) profit after tax in the fourth quarter of 2014.

The company released its 2014 business report on January 21 on the Ha Noi Stock Exchange (HNX), saying that the above-mentioned results were an increase of 74 per cent and 14 per cent year-over-year respectively.

In 2014, the company earned VN177.3 billion ($8.32 million) in revenue, an increase of 19 per cent over 2013, and VND66.5 billion ($3.12 million) profit after tax, an increase of two per cent over 2013.

The company said that most of the revenue and profits in Q4 were from their increasing brokerage work, customers' trading and bond issuance.

The company, which has a charter capital of VND289.9 billion ($37 million), has been listed on HNX since 2009.

On January 22, CTS shares closed at VND8,500 ($0.4) each.— VNS

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