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VietNamNews

Securities firm SSI sets high profit goals for 2013

Update: May, 04/2013 - 09:15

HCM CITY (VNS)— Shareholders of stock broker Saigon Securities Inc approved the year's turnover and gross profit targets of VND995.5 billion (US$47 million) and VND490 billion at the recent annual general meeting.

The figures are up from VND849 billion and VND487 billion last year.

The company has also set itself the goal of wresting back the position of top broker in HCM City after losing it to the HCM City Securities Company (HSC) last year. It hopes to do so by diversifying products, improving service, and widening its network.

SSI has almost 60,000 trading accounts, including around 100 belonging to local and foreign institutions. It leads in brokerage services for foreign investors with a market share of over 30 per cent.-VNS


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