Tuesday, 31/07/2012 16:51

VDSC: Explanation for business results in quarter 2/2012

Viet Dragon Securities Corporation (VDSC) explained the business results in quarter 2/2012 as follows:

-         Profit before tax in quarter 2/2012: 105,229,778 dongs

-         Profit before tax in quarter 2/2011: (34,765,484,364) dongs

-         Profit after tax in quarter 2/2012: 105,229,778 dongs

-         Profit after tax in quarter 2/2011: (34,765,484,364) dongs

-         In quarter 2/2012, the company increased 9.4 bil. dongs (256%) beside quarter 2/2011. Expenses were down 27 bil. dongs beside quarter 2/2011.

-         Reasons: average liquidity in quarter 2/2012 increased to 2,000 bil. dongs /session and VDSC focused to large clients for brokerage targets. Besides, the company pushed to reduce fixed expenses.

HOSE

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