On April 17th, 2014, Hochiminh City Securities Corporation (ticker HCM – HOSE) held the Annual General Meeting FY2013 under the theme “Positive Influence”. 

In HSC’s operations, positive influence is demonstrated through our responsible business strategy, fostering risk management, constructing a professional working environment and creating favorable conditions for the capacity development of our people.  

For the securities market and industry, HSC actively contributes to the construction of new products, disseminates its knowledge, experience in applying international standards of the industry. 

For the community, HSC continuously intensifies a wide range of activities in supporting and nurturing the young generations in terms of upholding their knowledge, enhancing their skill set, familiarizing them with entrepreneurial environment. Alongside this, HSC maintains its tradition of caring and assisting less fortunate fellow citizens. 

Wih the direction of creating positive values and influences as above, in 2013 HSC obtained various achievements: 

• ISO/IEC 27001:2005 standard certification for “Providing online trading and brokerage services”.
• “The Best Brokerage House in Vietnam 2013” – Triple A Country Awards 2013 by The Asset magazine.
• Top 50 Listed Companies in Vietnam by Forbes Vietnam.
• Outstanding securities company in 2013, awarded by HNX.
• Top 10 Government Bond Trading Members in 2013 by HNX.
• Being a partner and sponsor for an international student-run organization - AIESEC. As its national partner, HSC directly participates in orientational activities, trains its board of management and generations of students in Vietnam. 
• Sponsoring for Living Values Educational Program (LVEP)
• Sponsoring for Light from the Heart Program -  which supports eye operations for poor patients at An Sinh Hospital. 

Also, on April 17th, 2014, HSC disclosed its business results in Q1/2014. Specifically, profit before tax reached more than VND 154 billion, achieved 35% of the 2014 plan to submit to the AGM. Net profit reached more than VND 120 billion, earning per share (EPS) was VND 956 – both net profit and EPS increased by 91% y/y. 

Q1/2014 revenues from brokerage fee of HSC rose by 42% y/y as the average trading value of total market doubled that of the same period in 2013, and the brokerage market share of HSC was continuously retained. Besides, HSC’s equity investment realized a majority of their profit from investment portfolios, contributing 36% to the total revenues of HSC in Q1/2014. 

With more than 10 years constructing and contributing to the Vietnam’s securities market, HSC consistently aims at becoming one of the country’s most admitted, trusted, and valued financial institutions, and be an active contributor to the economy and community of Vietnam.

CEO

Johan Nyvene

ADDITIONAL INFORMATION

HSC Securities Corporation is a leading and award-winning professional securities brokerage and equity firm in one of the fastest growing Asian economies, Vietnam. HSC delivers a comprehensive list of financial products for Private and Institutional Clients, providing professional investment advisory backed by solid, trusted research. For Corporate Finance Division, HSC has established an exceptional track record of connecting businesses to investors and creating long-term partnerships.

Officially listed on the Ho Chi Minh Stock Exchange (HOSE) on May 2009 under the ticker HCM, as of 31/12/2013, HSC’s shareholders’ equity totaled VND 2,247 billion (approximately USD 106 million), making it one of the biggest securities companies in the country with a strong financial base and investment capacity.

HSC has been constantly voted by its clients and partners for various major titles at prestigious international awards as follows: Best Brokerage Firm & Best Equity Research in Vietnam by  the 2010 Extel Survey, The 2011 All-Asia Research Team Survey, Country Awards for Achievement 2012, awarded by Thomson Reuters, Institutional Investor, and Finance Asia; Best Brokerage Firm in Vietnam in 2011, 2012 and other major awards – the 2012, 2011 AsiaMoney Brokers Poll, awarded by AsiaMoney; Best Brokerage Firm in Vietnam – the 2013, 2012 Triple A Country Awards …

HSC has determined its vision as being a leading financial firm in the securities industry and capital market of Vietnam with its professional standards, innovation, financial health and sustainable development.

HSC is considered as part of the large network of companies which have significantly contributed to the rapid growth of the Vietnam economy today and in the future.