Ho Chi Minh City Securities Corporation (HSC) announced the financial statement Q4.2017 and cumulative FY2017.

End of Q4.2017, HSC revenue reached VND670bn, profit before tax reached VND234bn, increased by 185% and 132% respectively compared to same period last year. HSC’s cumulative revenue for FY2017 was VND1,540bn, increased by 87% same period last year, exceeded 52% target of 2017. HSC’s cumulative profit after tax reached VND554bn, corresponding to 82% increment to same period last year, completed 153% yearly target (approved at AGM on April 2017). End of Q4.2017, HSC’s total asset reached VND6,680bn, increased by 85% since early this year.

All business lines of HSC continue to growth. Brokerage has continued to contribute a big portion in revenue structure while other positions have been changed positively. Brokerage cumulative revenue FY2017 reached VND601bn, increased by 72% same period last year and accounted for 39% HSC’s total revenue. Margin lending cumulative revenue FY2017 reached VND439bn, increased by 28% same period last year and accounted for 29% HSC’s total revenue. Proprietary trading cumulative revenue FY2017 skyrocketed, reached VND428bn, recorded an increment of 332% compared to last year and accounted for 28% HSC’s total revenue (in comparison with 12% revenue contributed in same period last year). Huge increment in corporate finance advisory cumulative revenue in comparison to same period last year (84% increment), reached VND45bn thanks to the successful completion of several big deals. 

Earnings per share FY2017 was 4,289 VND, highly increased (79%) from 2,395VND of FY2016. Return on average assets (ROAA) and return on average equity (ROAE) reached 10.8% and 21.4% respectively, in comparison with 9.1% and 13% in the same period of last year.