VnExpress International
The most read Vietnamese newspaper
Vietnamese Edition
| Contact us | Follow us on       
Business DataSpeaks Property Billionaires Companies Markets Economy Money Quiz
reddit Share via X Print

Brokerage VNDirect posts fivefold profit rise

By Dat Nguyen   July 20, 2021 | 12:04 am PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Brokerage VNDirect posts fivefold profit rise
An employee (L) helps a new investor register a security account at an office of VNDirect in Ho Chi Minh City. Photo by VnExpress/Quynh Tran.
Brokerage VNDirect saw pre-tax profit in the first half surge five times year-on-year to VND1.14 trillion ($50 million), thanks to a rising number of new securities accounts.

The Ho Chi Minh City-based company saw revenue rising 148 percent year-on-year to over VND2.15 trillion.

The board attributed the growth to rising stock prices with the benchmark VN-Index surging nearly 28 percent in the first six months.

Daily trading value in the second quarter was VND26.6 trillion, quadrupling year-on-year.

The company recorded 141,000 new accounts in the first six months, bringing the total to over 550,000.

Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
 
 
go to top