SSI enjoys high growth in 1st quarter

SSI Securities Corporation achieves high growth in the first quarter of the year. — Photo courtesy of the company

HCM CITY — SSI Securities Corporation reported strong growth in the first quarter, with pre-tax profits increasing 34 times year-on-year to VNĐ528.2 billion (US$22.9 million).

Profits from brokerage activities increased by 276.2 per cent to VNĐ318.6 billion ($13.8 million). Investments saw earnings rise by 157.8 per cent to VNĐ106.8 billion ($4.6 million).

Treasury business and investment banking activities also saw high growth.

The main indices on Việt Nam's stock markets ended the first quarter positively. The VNIndex increased by 7.93 per cent for the year to hit 1,191.44 points on March 31.

The average trading per session was worth over VNĐ15.5 trillion ($671.5 million), up 302 per cent. — VNS

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