In the first two quarters of 2018, HSC achieved a total revenue of VND1,046 billion and a net profit after tax of VND472 billion, equivalent to 50% and 58% of 2018 revenue and net profit after tax targets, which were approved at the Annual General Shareholder Meeting of HSC. More impressively, HSC achieved y-o-y revenue growth of 98% and net profit after tax profit growth of 104%.

The key businesses of HSC all delivered significant y-o-y growth and proprietary investments and brokerage services remained the key revenue contributors in the first half of this year. Although the stock market was not in favorable condition, HSC’s proprietary investment business was still able to deliver positive performance, contributing significantly to the overall result of the company. Particularly, the business posted a revenue growth of 130% y-o-y after recording gains and losses of financial assets. Brokerage business delivered a total revenue of VND461 billion, a 119% y-o-y growth, accounting for 44% of total revenue. Margin lending business achieved a revenue of VND292 billion, a 53% y-o-y growth, contributing 28% to the total revenue. Corporate finance business, after the restructuring period, has performed well and contributed remarkably to the overall result of HSC. The business delivered impressive revenue growth of 164% y-o-y on the back of high-profile advisory transactions completed in the first quarter of this year.

After the first six months, HSC achieved an earnings per share (“EPS”) of VND3,642, a strong growth of 102% y-o-y. The return on asset (“ROA”) and return on equity (“ROE”) ratios of the first six months were 10.0% and 17.4% respectively, both significantly higher than those in the last year of 5.5% and 9.5%.

Along with the impressive performance, HSC continued to achieve prestigious awards in the first half of this year including the followings:

• Top 50 best listed companies by Forbes Vietnam.
• Top 50 most effective companies in 2018 by Vietnam Investment Review.