HCMC, on the 26^th of April, 2012

The early months of 2012, in the context of recovery market, HSC took the chance and broke up the leading position. In the end of first quarter 2012, HSC reached VND 137,6 billion net profit, increasing 62% and profit before tax was VND 101,7 billion, going up 98% year over year. HSC average market share in the first quarter 2012 reached 9.5%, raising 32% compared to 2011, ranking the first position of total market share in two stock exchanges.On the 26^th of April 2012, Ho Chi Minh City Securities Corporation - abbr: HSC (HOSE: HCM) organized 2011 Annual General Meeting and approved 2012 plan with revenue targets, gaining VND 456 billion, growing 15% and profit after tax, accounting for VND 230 billion, increasing 19% compared to the year of 2011. The plan was outlined via the speculation of average transaction value in the market, being VND 1,400 billion per day and interest rates is downward trend.

After issuance of shares to increase chartered capital in double in 2011, HSC total shareholder’s equity is VND 2,019 billion at now. And it is a strength for HSC to raise the support of investors via margin trade activities. On the day of 31.3.2012, total margin lending value of HSC  was VND 1,259 billion, going up double year over year.

CEO
Johan Nyvene

ADDITIONAL INFORMATION

The full of 2011 HSC annual report together with the document of Annual Gneral Meeting is uploaded in the HSC’s website.

Ho Chi Minh City Securities Corporation (HSC) is the leading investment and financial services provider in Vietnam – a South East Asian country with the fastest-growth economy and capital market. Our clients comprise institutional and private investors, investment funds, state – owned companies, and other entities across different sectors, market segments and locations.

Founded as a part of the strategic cooperation and investment of the two leading financial institutions in Vietnam: Ho Chi Minh City Finance and Investment State-owned Corporation (HFIC) – the City Government’s direct and indirect investment arm, under the Ho Chi Minh City People’s Committee, and Dragon Capital Group, a UK-based integrated investment group centred around the emerging financial markets of Vietnam. HSC harnesses their combined heritage and expertise to provide a comprehensive suite of professional financial investment services.

From 2011, HSC’s strategy for the next 5 years is to expand its activities to overseas and connect with a worldwide strategic partners specialized in Investment Banking segment.

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