Ho Chi Minh City Securities Corporation (HSC, HOSE: HCM) would like to announce the financial performance in Q2.2021 and accumulative first half of 2021 with positive results.
Q2. 2021, HSC achieved more than VND 767 billion in revenue, VND 352 billion in before-tax profit, increased 87% compared to Q2.2020.
Accumulative 1H2021, HSC achieved a total revenue of VND1,505 billion, 2.2 times higher than the same period last year. HSC’s cumulative profit before tax for 1H2021 reached VND754 billion, strongly increased by 140% same period last year, completed 63% yearly target (approved at AGM in April 2021).
After the first 06 months, HSC achieved earning per share (EPS) of VND 1,983. The return on asset (ROA) and return on equity (ROE) ratios were 4,3% and 13.1% respectively.
(*) Revenue and expenses of the 2 periods are recorded to reduce the losses of proprietary investment activities for comparison purposes.
Accordingly, three key businesses: brokerage, margin lending and proprietary investment contributed 98% of total net revenue in the first 6 months of 2021
- Brokerage services accounted for 44% of HSC's total revenue, reaching VND655 billion, strongly increased 163% comparing to the same period of 2020, as re result of sharp increase in market trading value.
- Revenue from margin lending activities reached VND 493 billion, an increase of 127% over the same period and accounting for 33% of total revenue due to high demand for margin lending in positive market condition.
- Proprietary investment achieved VND332 billion in revenue, increased 64% y-o-y and contributed 22% to HSC's 1H2021 revenue.
- Revenue from corporate financial advisory recorded VND17,3 billion, increased 364% over the same period last year due to the recognition in revenue from major deals.
Please access here for 1H2021 Financial Statement