Rong Viet Securities sees profits zoom

bizhub

Rong Viet Securities Company has reported a 157 per cent jump in pre-tax profit to VND30.1 billion (US$1.3 million) in the first quarter.

 

Customers office of Rong Viet Securities Company. — VNS Photo

Rong Viet Securities Company has reported a 157 per cent jump in pre-tax profit to VND30.1 billion (US$1.3 million) in the first quarter.

Revenues rose by a more modest 62 per cent to VND63.3 billion ($2.8 billion).

The company said security broking accounted for VND33.5 billion ($1.4 million) of revenues with proprietary investment also accounting for a large chunk of its profits.

The company said it is on track to achieve the year’s targets.

It said would pay 6 per cent dividend for last year in May this year.

By the end of this month it would switch from the Ha Noi to the HCM City stock market, it added. — VNS

  • Share:

see also

Market mixed as foreign bloc restarts net buying

Market mixed as foreign bloc restarts net buying

Market breadth remained negative, with 184 stocks declining, 143 advancing and 44 unchanged. Liquidity surged to VNĐ15.9 trillion (approximately US$624.35 million), marking a 29.2 per cent increase compared to the previous session.
Corporate bond issuance value rises by 60 per cent

Corporate bond issuance value rises by 60 per cent

In the first 11 months of 2024, the total value of corporate bond issuances reached nearly VNĐ403 trillion, a 60 per cent increase year-on-year. 
Vietjet raises VNĐ3 trillion from bond issuance

Vietjet raises VNĐ3 trillion from bond issuance

This is the third batch of bonds issued by Vietjet in the fourth quarter of 2024. 
Vinhomes gets green light from SGX for bond issuance

Vinhomes gets green light from SGX for bond issuance

The recent mobilisation of tens of trillions of đồng will provide Vinhomes, one of the flagship companies under the leadership of billionaire Phạm Nhật Vượng, with additional resources to embark on a series of major projects.
Market kicks off the week on a positive note

Market kicks off the week on a positive note

Market breadth leaned positive, with 209 advancing stocks surpassing 112 decliners. Trading liquidity on the southern bourse slightly decreased to approximately VNĐ12.8 trillion (US$482.7 million), with nearly 494.7 million shares changing hands.