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VietNamNews

Securities firms see profit

Update: June, 08/2012 - 10:39

HA NOI — Up to 22 of the 26 listed securities companies reported profits in the first quarter of this year, led by Sai Gon Securities Inc (SSI) who posted a pre-tax profit of VND205 billion (US$9.8 million) during the period.

On the other end of spectrum, Sacombank Securities Co (SBS) topped the losers with an after-tax loss of VND660 billion ($31.4 million). Last year, it also posted a total loss of VND798 billion ($38 million), lifting its total accumulated loss by the end of March to over VND1.42 trillion ($67.6 million), exceeding its charter capital.

Currently, only SME Securities Co (SME) has yet to submit the quarter financial report. — VNS

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