MBS year on year revenue up 77 per cent

MB Securities Corp’s (MBS) five-month revenue increased by nearly 77 per cent year on year to nearly VNĐ153 billion (US$6.8 million). — Photo cafef.vn

HÀ NỘI — MB Securities Corp’s (MBS) five-month revenue increased by nearly 77 per cent year on year to nearly VNĐ153 billion (US$6.8 million).

The company recorded a profit of VNĐ18.8 billion in the first five months of 2016, a six-fold increase from last year.

The company said it recorded such high earnings because its core businesses achieved better results. The company’s brokerage unit increased its results by 1.5 times, and its banking investment unit recorded a nine-fold jump in income.

MBS said the company expects to perform better in the second half of the year as it handles opportunities and challenges emerging from global market risks. — VNS

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